Cooperation

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Opening of the 8th meeting of the PREF-CEMAC Technical Monitoring Committee in Brazzaville

Tuesday March 5, 2024 in Brazzaville (Republic of Congo), Mr. Jean-Baptiste ONDAYE, Congolese Minister of Economy and Finance, President of the Steering Committee of the Economic and Financial Reforms Program of the Economic and Monetary Community of Africa Centrale (PREF-CEMAC), indicated five points of reflection to the participants of the 8th meeting of the Technical Committee for monitoring the mobilization of financing and the implementation of the 13 priority integrative projects (PIP) of the 2nd cycle. These Projects were presented at the Paris Round Table on November 28 and 29, 2023.

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Congo/India cooperation

Friday February 23, 2024 in Brazzaville, the Congolese government (represented by Messrs. Jean-Baptiste ONDAYE, Minister of Economy and Finance, and Antoine Nicéphore Thomas FYLLA SAINT-EUDES, Minister of Industrial Development and Promotion of the Private Sector) and the Indian government (represented by its Ambassador to Congo, His Excellency Mr. Madan-Lal RAIGAR) took stock of the implementation of the three projects financed in Congo on loan from EXIM-BANK INDIA. The work was attended by the General Director of this bank, Mr. Dipar KUJUR.

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Brazzaville rainwater drainage project phase 2 Tsiémé River

Friday January 26, 2024, in his office, in Brazzaville, Mr. Jean-Baptiste ONDAYE, Congolese Minister of Economy and Finance, chaired the presentation session of the Rainwater Drainage Project of the Congolese capital, in its phase 2 Tsiémé River. In the presence of Messrs. Mauricio Cascioli, Director of the French Development Agency (AFD)/Congo, and Zacharie MOKIEMO, Chief of Staff of the Congolese Minister of Land Planning, Infrastructure and Road Maintenance.

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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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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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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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National Economic and Financial Committee (CNEF) Congo

The National Economic and Financial Committee met in ordinary session, Friday, November 24, 2023, at the headquarters of the National Directorate of the Bank of Central African States (BEAC) in Brazzaville, under the chairmanship of Mr. Jean-Baptiste Ondaye, Minister of Economy and Finance. This session was attended by Ms. Ingrid Olga Ghislaine Ebouka-Babackas, Minister of Planning, Statistics and Regional Integration; of MM. Ludovic Ngatsé, Minister of Budget, Public Accounts and Public Portfolio, Mr. Michel Dzombala, Vice-Governor of the BEAC, and Marcel Ondelé, Deputy Secretary General of the Central African Banking Commission (COBAC).

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Governance and Economic Diversification Support Program (PAGDE) - Phase 1

Thursday, November 23, 2023 in Brazzaville, Mr. Jean-Baptiste Ondaye, Congolese Minister of Economy and Finance, signed a loan agreement of 92 million Euros (or approximately 60 billion CFA francs) with the African Bank of Development (AfDB), represented by its Deputy Director General for Central Africa, Mr. Solomane Kone.

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Virtual meeting of African Governors of the International Monetary Fund (IMF)

Tuesday, November 21, 2023, the African Governors of the International Monetary Fund (IMF) held their meeting by videoconference. The discussions focused on the question of the 3rd Chair for Sub-Saharan Africa (SSA) on the Board of Directors of this international financial institution.

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