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The CAR has also expressed its "commitment to the single currency and respect for the statutes of the Bank of Central African States."
If the move is implemented, the nations collectively known as CEMAC will be the first to introduce a regional digital currency, while BAEC will be the first regional bank to issue a CBDC.
The value of the CFA franc has fallen steeply against the dollar since January, posing problems for the 14 countries in West and Central Africa that use it.
Congo's legislative, local elections transparent: regional observation mission-
/PRNewswire/ -- The National Bank of Equatorial Guinea BANGE and UnionPay International jointly announced today, the first issuance of UnionPay...