One-day CEMAC summit ends in Cameroon

Heads of state from the Financial and Financial Group of Central Africa (CEMAC) met on Friday in Cameroonian capital, Yaoundé, for a one-day summit to debate the area’s financial system and influence of the battle in Ukraine.

In a closing assertion, the heads of state welcomed the “distinctive” financial measures undertaken by the group’s members to mitigate the influence of the battle.

“We’re absolutely happy as a result of the targets sought have been achieved by our heads of state and I consider that the very best is but to return when it comes to sub-regional integration”, mentioned Désiré Jean Claude Owono Menguele, Cameroon’s Ambassador to Equatorial Guinea.

The assembly, which started at ministerial degree on Wednesday, additionally noticed 90-year-old Paul Biya cross on the mandate as head of the convention to Central African Republic President Faustin-Archange Touadera for one 12 months.

The six-nation group contains the Central African Republic, Chad, Gabon, Equatorial Guinea and the Republic of Congo along with Cameroon, in a union round a standard foreign money, the CFA franc.