By lowering its rates, the BEAC finally turns the page of the Covid years - Jeune Afrique.com

By Denis Nzifack, Economist, Analysis and Portfolio Manager and Franky BUNANG, Operations Analyst at Harvest Asset Management. As announced in our last note on "Market Activity" published on December 30, 2024, the Bank of Central African States (BEAC) adjusted its two main policy rates during its [...]

In order to support activity in the area, the regional central bank initiates a decline in rates, the main one being lending to banks, a decision which takes place in a context where inflation is reversed below the Community standard of 3%.

The Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) met in Malabo on 24 March 2025 under the chairmanship of the Governor of the Central Bank, Yvon Sana Bangui. In video conference with the journalists of the member countries, he presented the main decisions and conclusions of this conclave, among which the expected decline of inflation to 2.9%, under the Community standard, against 4.1% in 2024. At the same time, BE…