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Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

CEMAC presidents convene in Cameroon

  • By Al Mayadeen English
  • Source: agencies
  • 18 Mar 2023 00:13
2 Min Read

The six-nation group (CEMAC), which adopts a unified currency: the CFA franc, comprises of the Central African Republic, Chad, Gabon, Equatorial Guinea, the Republic of Congo, and Cameroon. 

  • x
  • A roundabout near the Place du 20 Mai, 1 December 2005,Yaoundé, Cameroo (Wikimedia Commons)
    A roundabout near the Place du 20 Mai, 1 December 2005, Yaoundé, Cameroon (Wikimedia Commons)

The Economic and Monetary Community of Central Africa (CEMAC) held a one-day conference to discuss the regional economy and the impact of the war in Ukraine.

President Paul Biya hosted five other African Presidents in Cameroon where they held a private meeting not open to the press. 

The six-nation group (CEMAC), which adopts a unified currency: the CFA franc, comprises of the Central African Republic, Chad, Gabon, Equatorial Guinea, the Republic of Congo, and Cameroon. 

Most CEMAC members are oil-exporting states, the prices of which have spiked after the war in Ukraine. 

In the most recent statement of the organization, the respective presidents appraised the "exceptional" economic measures executed by the organization to contain the consequences of the Ukraine war.

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The statement also emphasized  "the importance of pursuing the post-Covid-19 economic recovery plan".

Read more: Macron believes global food crisis to last longer than Ukraine war

Last July, in a meeting with Cameroonian President, president Emmanuelle Macron said The global food crisis will last longer than the war in Ukraine will. Cameroon is a resource-rich country and also a major food producer for Central Africa. 

Read more: Russia, Chad discuss economic cooperation

Back in February, Russia's Ambassador to Chad, Vladimir Sokolenko, announced that Moscow and N'Djamena are discussing the formation of a bilateral intergovernmental commission on economic cooperation to stimulate business and investment.

Chad's projected oil reserves are estimated to be 1 billion metric tons. Oil production accounts for 70% of Chad's budget. 

Read more: Central African Republic PM heads to St. Petersburg for business

  • Africa
  • CEMAC
  • Cameroon

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