Published 2 months ago

Central Africa Says Economic Bloc Poorest, Integration Stagnant At 4%

Summary by Ground News

The Central African Economic and Monetary Community, CEMAC, marks its 30th anniversary this week. Officials say member countries conduct more than 80 percent of their foreign trade with Europe, China and Russia - and only 4 percent with each other. An analyst says insecurity, Boko Haram conflicts affecting Chad and Cameroon, political tensions and armed attacks in the CAR and the military juntas in Chad.

0 Articles

All

Left

Center

Right

allAfrica

Central Africa Says Economic Bloc Poorest, Integration Stagnant At 4%

Yaounde, Cameroon -- The Central African Economic and Monetary Community, CEMAC, marks its 30th anniversary this week but by some measures has little to celebrate. The bloc says member countries conduct most of their trade with outside countries and have made little attempt to break down economic barriers between them, leaving CEMAC the least developed and poorest economic bloc in Africa.

2 months ago·South Africa

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.