The CFA debate isn’t only about Paris.
CEMAC’s oil, gas and mining sectors generate the hard currency BEAC needs for reserves.
Current minimum repatriation: 35%.
BEAC has ordered:
50% in 2027
70% in 2028.
So the real question is:
How much of the foreign currency generated from African resources actually comes back into the African monetary system?
A segment from The Currency After Colonialism File.
Full episode coming soon.
Catch up:
https://t.co/8zhI5JUJtP
#TheShadowFiles #CEMAC #BEAC #Cameroon