ACP regional organisations

The Economic and Monetary Community of Central Africa (CEMAC) launched in 1994 replaced the Customs Union of Central Africa States (UDEAC - Union Douanière des États d'Afrique Centrale) has at stake the strengthening of the economic integration process aiming the sub-region development. In this context, Cameroon’s weigh is important as it concentrates ¾ of the sub-region global foreign trade, half the gross domestic product (GDP) and half the population of the sub-region.

Through the gradual implementation of a common market leading to a free trade between member states, and the extension of domestic market, the CEMAC aims to improving living conditions of the population. Indeed, the establishment of sub-regional economic group should allow for a greater participation of African economic operators in development process and the rational exploitation of natural resources at national, sub-regional and regional level.

The members of CEMAC include: Cameroon, Congo, Gabon, Guinea Equatorial, Central African Republic and Chad. The CEMAC leans on two pillars, an Economic Union (UEAC – Union économique de l’Afrique Centrale) and a Monetary Union (UMAC – Union monétaire de l’Afrique Centrale).

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