The funds pledged exceed the regional institution's initial target of €8.8 billion to finance infrastructure projects aimed at enhancing regional integration and economic diversification.
CEMAC announced securing investment promises of €9.2 billion (about $10.04 billion) for thirteen regional integration projects during a roundtable held on November 28 and 29 in Paris.
"€9.2 billion has been pledged to CEMAC, representing 104% of the initial target of €8.8 billion," stated Michel-Cyr Djiena Wembou, the Permanent Secretary of the Steering Committee for the CEMAC Economic and Financial Reforms Program (Pref-Cemac), at the conclusion of the roundtable involving international donors and investors.
Over two days, CEMAC officials presented thirteen "integrative" projects, including roads, a dry port, railway lines, and electrical interconnection infrastructures, to investors and techno-financial partners. These projects, part of the "infrastructure" component of the Regional Economic Program (PER), aim to boost regional trade, increase local processing of natural resources, further industrialize economies, and enhance resilience to future shocks.
In the first edition of the roundtable for international investors held in November 2020, CEMAC secured commitments of €3.8 billion, surpassing the targeted €3.3 billion.
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
WAEMU public debt market has become the main source of local-currency sovereign financing Rapid growth in issuance is exposing limits in market depth...
ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the Savanes and Kara regions through the ANPC. The...
AmCham Togo was officially launched in Lomé on January 26, 2026. The chamber aims to boost private investment and structured US–Togo business...
Zimbabwe seeks technical cooperation with Australia to advance its nascent artificial intelligence sector. The country plans to launch a national AI...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...