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Economic and Monetary Community of Central Africa - CEMAC
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With Countries in the Economic and Monetary Community of Central Africa - CEMAC

The 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.

CEMAC is the successor of the Customs and Economic Union of Central Africa (UDEAC), which it completely superseded in June 1999 (trough agreement from 1994).

Its member states are Cameroon, the Central African Republic, Chad, the Republic of the Congo, Equatorial Guinea and Gabon.

On 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.

CEMAC 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).

By the Courtesy of  Wikipedia