News

1st edition of AFBOS in the CEMAC zone in Brazzaville

Thursday January 25, 2024, at the Grand Hôtel de Kintélé (north of Brazzaville), Mr. Jean-Baptiste ONDAYE, Congolese Minister of Economy and Finance, opened the work of the first edition of Africa Finance Banking & Digitalization Summit ( AFBDS) or African Summit of finance, banking and digitalization in the Central African Economic and Monetary Community (CEMAC), in the presence, in particular of some members of the Government and those of the diplomatic corps, leaders of institutions sub-regional communities (BEAC, BDEAC, COBAC), representatives of technical and financial partners, as well as general managers of banks.

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Cabinet meeting

Monday January 15, 2024, in the meeting room of the Ministry of Economy and Finance, in Brazzaville, the head of this department, Mr. Jean-Baptiste ONDAYE, had the first official contact meeting with his appointed Advisors , a few weeks ago, according to the requirements and rigor of Results-Based Management (RBM).

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France/Congo cooperation

The Minister of Economy and Finance of the Republic of Congo, Mr. Jean-Baptiste ONDAYE, the Ambassador of France to Congo, Mrs. Claire BODONYI and the Deputy Director of the French Development Agency (AFD) in Brazzaville, Madame Marie DUBUFFET, signed, Tuesday January 9, 2024 in the Congolese capital, the financing agreement for the Project to strengthen the training-employment adequacy, called in Lingala “Mosala” (“Work”), for the benefit of young Congolese.

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Last ordinary session of the Executive Committee of the EITI-Congo National Committee

The last ordinary session-2023 of the Executive Committee of the EITI-Congo National Committee was held, Friday December 29 and Saturday December 30, in Brazzaville, under the chairmanship of the Congolese Minister of Economy and Finance, Mr. Jean -Baptiste ONDAYE. At the end of the work, the participants validated and adopted the 2021 Report, which was on the agenda.

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Closing of the sale operation of the Congolese subsidiary of the Société Générale Group to the Congolese State

Saturday December 23, 2023 in Brazzaville, Mr. Jean-Baptiste Ondaye, Minister of Economy and Finance, representing the Congolese Government, and Mr. Gilles de Gasquet, representing the Société Générale Group, signed the sale agreement for SG -Congo (Congolese subsidiary of the said Group) to the Congolese State.

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Extraordinary general meeting of the BDEAC

Wednesday, December 20, 2023 in Douala (Cameroon), the Shareholders of this Development Bank of Central African States (BDEAC), under the presidency of Mr. Fortunato-Ofa Mbo Nchama, Minister of Finance and Budget of Equatorial Guinea , current Chairman of the Board of Directors, unanimously reaffirmed their commitment to continuing the Reforms undertaken as part of the 2023-2027 “Azobé” Strategic Plan. They welcomed this reform which, according to them, strengthens the regulatory corpus which evolved significantly during the 2023 financial year.

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Continued clearance of the domestic commercial debt of the Republic of Congo

Saturday December 16, 2023 in Brazzaville, the Minister of Economy and Finance, Mr. Jean-Baptiste Ondaye, received in audience the leaders of the employers' unions. The concern that led to this meeting was Decree No. 2023-1579, of September 19, 2023, setting out the terms of reimbursement of domestic commercial and social arrears.

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BEAC Board of Directors

Monday, December 18, 2023, at the (BEAC) Agency in Douala (Cameroon), the last ordinary Board of Directors of this financial institution of the Economic and Monetary Community of Central Africa (CEMAC) was held, for the year 2023. This session also marked the end of the mandate of the Republic of Congo as rotating chairman of the Board of Directors of this Central Bank common to the six States, namely Cameroon, the Central African Republic, Congo, Equatorial Guinea and Chad.

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