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With Countries in the Economic and Monetary Community of Central Africa - CEMAC
Economic and Monetary Community of Central Africa (or CEMAC
from its name in French, Communauté Économique
et Monétaire de l'Afrique Centrale) is an organization of
states of Central Africa established to promote economic integration
among countries that share a common currency, the CFA franc.
is the successor of the Customs and Economic Union of Central Africa (UDEAC),
which it completely superseded in June 1999 (trough agreement from
24 January 2003, the European Union (EU) concluded a financial agreement
with ECCAS and CEMAC, conditional on ECCAS and CEMAC merging into one
organization, with ECCAS taking responsibility for the peace and
security of the sub-region through its security pact COPAX.
is not one of the pillars of the African Economic Community, but its
members are associated with it trough Economic Community of Central
African States (ECCAS).
Courtesy of Wikipedia