In this meeting between HE Obiang Nguema Mbasogo and the Governor of the Bank of Central African States
, Abbas Mahamat Tolli, the economic situation of the subregion has been discussed, among other matters.
Accompanied by the director of BEAC in Equatorial Guinea, Ivn Bacale Ebe Molina, the President of the Central African Banking Commission (COBAC) and Governor of the Bank of Central African States
(BEAC), Chadian Abbas Mahamat Tolli, approached the ministerial department to talk about aspects concerning the finances of Equatorial Guinea.
I particularly thank Prime Minister Philmon Yang, Finance Minister Alamine Ousmane Mey, Economy Minister Louis Paul Motaz and Governor Abbas Tolli of the Bank of Central African States
for our fruitful discussions.
The agreement was inked by economy Minister Mohamed Boussaid and the vice president of the Development Bank of Central African States
Zounguere Sokambi Armand Guy.
On 7th November, members of the National Monetary and Finance Committee met at the headquarters of the Bank of Central African States
(BEAC) in an ordinary session.
Mahmoud Isa-Dutse, Permanent Secretary, Ministry of Finance of Nigeria; Jean-Marie Benot Mani, National Director for Cameroon at the Central Bank of Central African States
; Victor-Jrme Nembelessini Silu, Former Chairman and CEO, Banque Nationale dInvestissement, Cote dIvoire; Andrew Gamble from the United Kingdom; Ronnie Sibongiseni Ntuli, Chairman, Thelo Group (Pty) Ltd of South African; and Anil Dua, former CEO for West Africa at Standard Chartered Bank.
In the Special Session of the Central African Monetary Union (UMAC), the Bank of Central African States
(BEAC) governor, Lucas Abaga Nchama, presented the report which will be presented to the CEMAC Heads of State Summit.
Those attending this meeting completed the work of the session, led by the Governor of the Bank of Central African States
(BEAC), the Equatoguinean Lucas Abaga Nchama, after discussing and analysing behind closed doors some of the matters covered.
The Development Bank of Central African States
(BDEAC) has offered its approval for a collective two terms $50 billion FCFA loan to Chad in order to provide financial supports for infrastructural development projects.
He also welcomed the financial support package from the Bank of Central African States
(BEAC), passed on 21st December.
It has been implemented through a strong coordination between donors (African Development Bank, Islamic Development Bank, Development Bank of Central African States
, European Investment Bank and AFD) and is done in parallel the development of two other watersheds in the city.
The collaborators engaged in the venture comprise the African Development Bank (AfDB), the Development Bank of Central African States
(BDEAC), Proparco (French Development Agency), the International Finance Corporation (IFC) the Netherlands Development Finance Company (FMO) and a syndication of local banks driven by Standard Chartered Bank.