Treasury & FX in the CFA Franc zone.
Call date: 25th Nov 2019
In this call, members shared experiences in the WAMU and CMEC zones, including: Intra zone transfers, Offshore payments, Offshore FX, Security, Local banking and the experiences of NGOs operating in the region.
The call was chaired by Arnaud Francq, the key discussion details are below.
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Key discussion details
XOF – UEMOA (Union Economique et Monétaire Ouest Africaine) the Economic Monetary Union of West Africa (WAMU) Comprises Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo.
XAF – CEMAC (Central Africa Economic & Monetary Community) Comprises Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon