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Seizing the moment: How can CEMAC countries navigate future commodity booms to promote sustained development?

Sub-Saharan African (SSA) countries, including those in the CEMAC (Economic and Monetary Community of Central Africa) region are endowed with abundant natural resources that hold significant potential for economic growth. But in many instances, these opportunities were wasted, and results were disappointing: resource-rich countries in SSA often have registered lower economic growth and higher inequality than those without such resources – a phenomenon referred to as the “resource curse”. A recent World Bank report, which expands on the research conducted by Cust et al. (2022) , undertakes a comparative study between the CEMAC region and other SSA countries and provides the following key findings. ....

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Paris roundtable: CEMAC surpasses funding target with €9.2bn for regional integration projects

The funds pledged exceed the regional institution s initial target of €8.8 billion to finance infrastructure projects aimed at enhancing ....

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CEMAC Multilateral Surveillance Mission on Two-Week Visit

CEMAC Multilateral Surveillance Mission on Two-Week Visit
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