CEMAC zone: recession could reach 6% according to BEAC

All the indicators are certainly not red. But most of the economic indicators in the six countries of the Economic and Monetary Community of Central Africa (CEMAC) are already found the Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC) at the end of the second annual session on June 24, 2020 in Yaoundé.

Analyzing the situation in Central Africa, it emerges that in the short and medium terms, the CEMAC zone is affected by the health crisis and the fall in the prices of the main export products. "

"In the first half of 2020, the revival of productive activities was slowed down in the sub-region by the disruption of supply circuits for imported products as well as by the restrictive measures adopted by the various governments to contain the effects of the pandemic. Although it is premature for the moment to fully grasp the impact of COVID-19 on national economies, it is already anticipated during this first semester a drop in production as well as a det…

Bourita stresses the exclusivity of the UN framework to find a solution to the question of the Moroccan Sahara

Moroccan Minister of Foreign Affairs, African Cooperation and Moroccans residing abroad, Nasser Bourita, reiterated, Sunday in Addis Ababa, the exclusivity of the UN as a framework to find a solution to the question of Moroccan Sahara.

The position has been clear from the start, that the question of the Moroccan Sahara is in the hands of the United Nations, which remains the only framework for finding a solution to this conflict in accordance with international law, said Bourita in a press statement following the opening session of the 33rd African Union (AU) summit.

The Minister recalled, in this context, that the Chairperson of the AU Commission, Moussa Faki Mahamat, confirmed, during the opening session of this summit, the exclusivity of the UN in the resolution of the question of the Moroccan Sahara.

In his speech at the opening of the 33rd Conference of Heads of State and Government of the AU, Mr. Moussa Faki clarified that in accordance with decision 693 of the Nouakchott Summit, the AU Troika will provide support effective in the process led by the United Nations, which is the framework voluntarily chosen by the parties for a lasting political solution.

It should be recalled that decision 693 of the Nouakchott Summit reaffirmed support for the United Nations process under way to find a mutually acceptable political solution to this regional dispute.