Central Africa: Cemac forex regulations weigh on business

Issue 433 - 25 Feb 2021

IOCs and business lobbies continue to contest the 2019 decision to impose stricter rules on currency transfers and payments across the Central African Economic and Monetary Community (Cemac). The regulations were promoted by the International Monetary Fund (IMF) to improve governance and economic management, but companies complain they have been starved of cash for operations in the Central African franc zone .

Want to read more?

Medium article


(Access to one 401-800 word article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map


Need help?

A member of our team will be pleased to assist you

Sales – Alex Wark

Support – Tara Mulvey

Tel: +44 (0)1424 721667

Want to see more articles like this?

Search our archive or set up custom notifications to be alerted about new content.