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Central Africa, Equatorial Guinea
CEMAC weakened by hiatus at top of commission

The executive organ of the Central African bloc is being lead ad interim by Gabon's Daniel Ona Ondo, even though Baltasar Engonga Edjo of Equatorial Guinea was appointed to the post over a month ago. Consequently, CEMAC's ability to get down to important business is compromised. [...]

Published on 01/05/2023 at 04:40 GMT Reading time 3 minutes

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Finance, Diplomacy

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Baltasar Engonga Edjo
Charles Assamba Ongodo
Daniel Ona Ondo
Economic and Monetary Union of Central Africa
Faustin-Archange Touadera
International Monetary Fund
Jean-Baptiste Ondaye
Minusca
Teodorin Obiang Nguema
Teodoro Obiang Nguema
World Bank

Equatorial Guinea
Teodoro Obiang brings back old guard to rein in Teodorin

In a recent reshuffle of the president's private office, senior figures in Teodoro Obiang's clan were re-appointed to posts they have held in the past. They are all potential obstacles to the presidential ambitions of his son Teodorin Obiang, who had done his best to sideline them.

Subscribers only Politics 10.04.2023

Equatorial Guinean president, Teodoro Obiang Nguema.

Africa
IMF ready to pay out first $20bn in SDRs to AfDB

The African Development bank should receive $20bn in IMF SDRs in the coming months, as part of a pledge made in 2021 during the Covid-19 crisis by rich nations to reallocate the equivalent of $100bn in SDRs to African countries.

Subscribers only Diplomacy 22.03.2023

Spotlight | Central Africa
Pressure mounts on CEMAC to relax foreign exchange rules

The main foreign investors in the Economic and Monetary Community of Central Africa are alarmed by the regional body's foreign exchange regulations, considering them to be too tough. But despite intense lobbying, a relaxation of the rules looks unlikely, the central bank having set itself ambitious objectives for foreign currency reserves.

Subscribers only Energy, Mining, Commodity traders 17.03.2023

Abbas Mahamat Tolli, governor of the Bank of Central African States, in Paris in 2018.

Cameroon, Central Africa
Yaoundé convinces CEMAC to postpone its timber export ban

A ministerial meeting of the Economic and Monetary Community of Central Africa on 28 October decided to postpone indefinitely the introduction of a ban on log exports - a decision demanded particularly by Cameroon.

Subscribers only Business, Diplomacy 08.11.2022

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Baltasar Engonga Edjo
Charles Assamba Ongodo
Daniel Ona Ondo
Economic and Monetary Union of Central Africa
Faustin-Archange Touadera
International Monetary Fund
Jean-Baptiste Ondaye
Minusca
Teodorin Obiang Nguema
Teodoro Obiang Nguema
World Bank

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Central Africa, Equatorial Guinea CEMAC weakened by hiatus at top of commission

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Set up email notifications for these topics

Equatorial Guinea Teodoro Obiang brings back old guard to rein in Teodorin

Africa IMF ready to pay out first $20bn in SDRs to AfDB

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

Africa
The sensational rise and spectacular fall of Pefaco casino and hotels

Nigeria
Fertiliser giants Indorama and Dangote in murky waters over urea shortage

Central Africa, Equatorial Guinea
CEMAC weakened by hiatus at top of commission

Equatorial Guinea
Teodoro Obiang brings back old guard to rein in Teodorin

Africa
IMF ready to pay out first $20bn in SDRs to AfDB

Spotlight | Central Africa
Pressure mounts on CEMAC to relax foreign exchange rules

Cameroon, Central Africa
Yaoundé convinces CEMAC to postpone its timber export ban