The Bank of Central African States / Banque des États de l’Afrique Centrale (BEAC) has joined AFI as a Principal Member. Created in 1972, BEAC is the central bank common to the six countries which form the Central African Economic and Monetary Community (CEMAC): Cameroon, Central Africa Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo.
BEAC leaders and experts will henceforth be able to leverage the global AFI network in order to accelerate progress towards financial inclusion, notably via the African Financial Inclusion Policy Initiative (AfPI), the primary platform for AFI’s African members to support and develop financial inclusion policies, regulatory frameworks and other knowledge products in Africa, and to coordinate regional capacity building and peer learning efforts.
“CEMAC was the missing piece in the AFI family, and so we are delighted to welcome BEAC to our global network” said AFI Executive Director, Dr Alfred Hannig. “Their contribution and perspective will be of great value, and through participating in AFI, financial inclusion leaders, strategies and initiatives in all six countries will benefit.”
Click here to view AFI’s full list of members.