|Approval Date||21 Nov 2019|
|Signature Date||21 Dec 2019|
|Planned Completion Date||30 Apr 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||24030|
The present intervention is related to the Support Project for the Start-up of the Central African Unified Financial Market (AMFUAC Project). It aims to support strategies for accessing domestic resources to meet financing needs. This support is in line with the Bank's Strategic Framework for Regional Integration and should help Financial Institutions to become regional players and develop a regional financial system aimed at mobilizing more domestic savings to meet the needs of the productive sector. It is also aligned with the Central Africa Regional Integration Strategy Paper (CARISP-AC) for the period 2019-2025. The project will have three components, namely : (i) the operationalization of the unified financial market, (ii) the mobilization of domestic savings and (iii) the strengthening of human capital on stock market instruments.
The overall objective of the AMFUAC project is to support strategies for access to domestic resources to meet the financing needs of CEMAC States in their process of structural transformation and diversification of their economies.
The main beneficiaries of the project are the Economic and Monetary Community of Central Africa (CEMAC) member countries.
Middle Income Countries Fund
BANQUE DES ETATS DE L#AFRIQUE CENTRALE
|Last Update||08 Dec 2022|