Jean-Baptiste Ondaye, Minister of Finance of Congo and Bruno Le Maire, Minister of the Economy of France, during the two days of round table organized by Cemac in Paris. Xose Bouzas/Xose Bouzas / Hans Lucas via Reu
In Paris, CEMAC states received more than €9 billion in commitments. Dry port, railway lines, waterways, roads, logistics hubs… Thirteen regional integration projects were presented in Paris. The challenge is to stimulate sustainable and inclusive growth, accelerate the diversification of these economies, which are too dependent on oil and mineral resources. Only Cameroon has a more diversified activity, driven by its agricultural sector. The emphasis is on enhancing the value of the timber industry, following the example of the Gabonese model.
Dry port, railway lines, waterways, road axis, logistics hubs… Thirteen regional integration projects were presented in Paris during the two days of round table organized by CEMAC, the Economic and Monetary Community of Africa central, which brings together six states: Cameroon, Congo, Gabon, Equatorial Guinea, Central African Republic (CAR) and Chad. The challenge is to stimulate sustainable and inclusive growth, accelerate the diversification of these economies, too dependent on oil and mining resources, and strengthen their resilience to shocks. Only Cameroon has a more diversified activity, driven by its agricultural sector. On the diversification side, the emphasis is placed on the development of the wood sector, following the example of the Gabonese model, which has long banned the export of raw wood.
