CEMAC Risks Losing Billions as Oil Firms Resist Currency Repatriation
[Business in Cameroon - Cameroon] - 2/07/2025
CEMAC faces a major setback as oil and mining companies refuse to repatriate CFA6,000 billion earmarked for site rehabilitation, despite a deadline that expired on April 30, 2025. The Bank of Central African States (BEAC) and governments in Cameroon, Congo, Gabon, Equatorial Guinea, Chad, and (…)
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