Tag: Central Africa
Heavy rains across the Sahel regions of West and Central Africa over the past weeks in Nigeria, Niger, Chad and Cameroon have caused devastating floods displacing and destroying farmlands as well as raising food and commodity process concerns. Joining CNBC Africa’s Kenneth Igbomor to discuss this is Edward George, leading Independent Commodities Expert.
“There has been considerable uncertainty and speculation about the capacity of both the West African Economic and Monetary Union (Waemu) and the Economic and Monetary Community of Central Africa’s (Cemac) to absorb these shocks and to protect the value of their respective regional currency pegs to the euro,” writes economist, George Ott.
For regional integration to be successful in the Central African region there must be strong political commitment. This is according to Ousmane Dore the Director General of the Central Africa Regional Development and Business Delivery of the African Development Bank. He joined CNBC Africa to discuss the opportunities for regional integration in central Africa.
Gabon's president Ali Bongo remains incommunicado.
The Congolese opposition picked a unity candidate for the presidential election taking place on December 23.
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