
“This mechanism marks another important step in Afreximbank’s efforts to deepen trade and investment, as well as to bridge the infrastructure gap in the CEMAC region,” said Afreximbank President Benedict Oramah in a press release.
The BDEAC serves as the central bank for the six member countries of the Economic Community of Central African States (CEMAC), which, in addition to Equatorial Guinea, includes Cameroon, Chad, Gabon, the Central African Republic, and the Republic of the Congo.
Signed in Abuja, Nigeria, on the sidelines of the official launch of the African Medical Centre of Excellence (AMCE), the agreement announced today “will allow the BDEAC to strengthen and diversify its interventions in the CEMAC area, thereby contributing more significantly to regional economic integration, sustainable development, and the improvement of living conditions for the populations,” said the region’s central bank president, Dieudonné Evou Mekou.