Central African central bank needs liquidity management overhaul, IMF says

Oil production in Africa

The Central African Monetary and Economic Community (CEMAC) needs to address access to financial services in the region, which is among the lowest in Africa, the IMF said today, calling on the regional central bank and other authorities to improve bank regulation and supervision and promote the development of the interbank money market.

The mission, headed by Joël Toujas-Bernaté, concluded today in Yaoundé, Cameroon, calling for the central bank – the Banque des Etats de l'Afrique Centrale (BEAC

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