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Economic And Monetary Community Of Central Africa
The Economic and Monetary Community of Central Africa, generally referred to by its French acronym CEMAC (for Communauté Économique et Monétaire de l'Afrique Centrale; ), is an organization of states of Central Africa established by Cameroon, Central African Republic, Chad, the Republic of the Congo, Equatorial Guinea and Gabon to promote economic integration among countries that share a common currency, the Central African CFA franc. There is a strong overlap between CEMAC and Economic Community of Central African States (ECMAS) in the areas of membership and mandates. CEMAC's common institutions include its Council of Heads of State () and Council of Ministers; a Commission in Bangui, Court of Justice in N'Djamena, and Parliament in Malabo; the Bank of Central African States (BEAC) in Yaoundé; the Central African Banking Commission (COBAC) and Central African Financial Market Supervisory Commission (COSUMAF), both in Libreville; and the Development Bank of the Central A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Africa
Central Africa (French language, French: ''Afrique centrale''; Spanish language, Spanish: ''África central''; Portuguese language, Portuguese: ''África Central'') is a subregion of the African continent comprising various countries according to different definitions. Middle Africa is an analogous term used by the United Nations in its United Nations geoscheme for Africa, geoscheme for Africa and consists of the following countries: Angola, Cameroon, Central African Republic, Chad, Democratic Republic of the Congo, Republic of the Congo, Equatorial Guinea, Gabon, and São Tomé and Príncipe. The United Nations Office for Central Africa also includes Burundi and Rwanda in the region, which are considered part of East Africa in the geoscheme. These eleven countries are members of the Economic Community of Central African States (ECCAS). Six of those countries (Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon, and Republic of the Congo) are also members of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libreville
Libreville (; ) is the capital and largest city of Gabon, located on the Gabon Estuary. Libreville occupies of the northwestern province of Estuaire Province, Estuaire. Libreville is also a port on the Gabon Estuary, near the Gulf of Guinea. As of the 2013 census, its population was 703,904. The area has been inhabited by the Mpongwe people since before the French acquired the land in 1839. It was later an American Christian Christian mission, mission, and a slave resettlement site, before becoming the chief port of the colony of French Equatorial Africa. By the time of Gabonese independence in 1960, the city was a trading post and minor administrative centre with a population of 32,000. Since 1960, Libreville has grown rapidly and now is home to one-third of the national population. History Various native peoples lived in or used the area that is now Libreville before colonization, including the Mpongwé tribe. French admiral Édouard Bouët-Willaumez negotiated a trade a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs Union
A customs union is generally defined as a type of trade bloc which is composed of a free trade area with a common external tariff.GATTArticle 24 s. 8 (a) Customs unions are established through trade pacts where the participant countries set up common external trade policy (in some cases they use different import quotas). Common competition policy is also helpful to avoid ''competition deficiency''. Reasons for establishing a customs union normally include increasing economic efficiency and establishing closer political and cultural ties between the member countries. It is the third stage of economic integration. Every economic union, customs and monetary union and economic and monetary union includes a customs union. WTO definition The General Agreement on Tariffs and Trade, part of the World Trade Organization framework defines a customs union in the following way: Historical background The German Customs Union, the Zollverein, which was established in 1834, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Equatorial Africa
French Equatorial Africa (, or AEF) was a federation of French colonial territories in Equatorial Africa which consisted of Gabon, French Congo, Ubangi-Shari, and Chad. It existed from 1910 to 1958 and its administration was based in Brazzaville. History Established in 1910, the Federation contained four colonial possessions: French Gabon, French Congo, Ubangi-Shari and French Chad. The Governor-General was based in Brazzaville with deputies in each territory. In 1911, France ceded parts of the territory to German Kamerun as a result of the Agadir Crisis. The territory was returned after Germany's defeat in World War I, while most of French Cameroon, Cameroon proper became a French League of Nations mandate not integrated into the AEF. French Equatorial Africa, especially the region of Ubangi-Shari, had a similar concession system as the Congo Free State and similar atrocities were also committed there. Writer André Gide traveled to Ubangi-Shari and was told by inhabita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institut D'Émission De L'Afrique Équatoriale Française Et Du Cameroun
An institute is an organizational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute", or institute of technology. In some countries, such as South Korea and India, private schools are sometimes referred to as institutes; also, in Spain, secondary schools are referred to as institutes. Historically, in some countries, institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from the Latin word ''institutum'' ("facility" or "habit"), in turn derived from ''instituere'' ("build", "create", "raise" or "educat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caisse Centrale De La France D'Outre-Mer
Caisse, a French word, may refer to: * Caisse Desjardins, an association of credit unions in Quebec * Caisse d'Epargne-Illes Balears, a road-bicycle racing team *Caisse de dépôt et placement du Québec The Caisse de dépôt et placement du Québec (, CDPQ; ) is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was established in 1965 by an act of the ..., a public pension fund in Quebec * Caisse nationale suisse d'assurance en cas d'accidents, a Swiss insurer * Caisse de Stabilisation des Prix du Coton, a Chadian government agency * Mouvement des caisses populaires acadiennes, a credit union in the Canadian province of New Brunswick See also * Caïssa, a neoclassical goddess of chess * Kaissa, a chess program developed in the Soviet Union in the 1960s * Kaïssa, a Cameroon born world musician. * Caisson (other) {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Indochinese Piastre
The piastre de commerce ("trade piastre") was the currency of French Indochina between 1887 and 1954. It was first used in 1885. It was subdivided into 100 ''cents'', each of 2~6 '' sapèques''. The name '' piastre'' (), from Spanish pieces of eight (pesos), dates to the 16th century and has been used as the name of many different historical units of currency. Denominations The currency of French Indochina was divided into the ''piastre'', ''cent'' / ''centime'', and '' sapèque'' units. One ''piastre'' equals 100 cents and one cent equals between 2 and 6 ''sapèques'' depending on the dynasty and reign era.Phạm Thăng. Tiền tệ Việt Nam theo dòng lịch sử. Toronto, Canada. Date: 1995. (in Vietnamess). Page 159. According to that ratio, a French Indochinese piastre coin is worth from 200 to 600 traditional Vietnamese cash coins. The obverse of the banknotes and coins were inscribed in the French language, while the reverse side had inscriptions written in Tradi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFP Franc
The CFP franc (French language, French: , called the ''franc'' in everyday use) is the currency used in the France, French overseas collectivity, overseas collectivities (, or COM) of French Polynesia, New Caledonia, and Wallis and Futuna. The initials ''CFP'' originally stood for () but since 2022 is officially (). Its ISO 4217 currency code is ''XPF''. The CFP franc is subdivided into 100 centimes, although there are no centime denominations. The currency is issued by ''Institut d'émission d'outre-mer'' (IEOM). History 1945–1949 The CFP franc was created in December 1945, together with the CFA franc, used in Africa, because of the weakness of the French franc immediately after the World War II, Second World War. When France ratified the Bretton Woods system, Bretton Woods Agreement in December 1945, the French franc was devalued in order to set a fixed exchange rate with the United States dollar, US dollar. New currencies were created in the French colonies to spare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFA Franc
CFA franc (, ) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for , i.e. "African Financial Community" in English), used in eight West African countries, and the Central African CFA franc (where "CFA" stands for , i.e. "Financial Cooperation in Central Africa" in English), used in six Central African countries. The ISO currency codes are XOF for the West African CFA franc and XAF for the Central African CFA franc. Although the two currencies are commonly called ''CFA franc'' and (currently) have the same value, they are not interchangeable. It is therefore not a common monetary zone but two juxtaposed zones. Both CFA francs have a fixed exchange rate (peg) to the euro guaranteed by France: €1 = F.CFA 655.957 exactly. To ensure this convertibility guarantee, member countries were required to deposit half of their foreign exchange reserves with the French Treasury, but this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Franc
The franc (; , ; currency sign, sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in French livre, decimal form) in 1795. After two centuries of inflation, it was Redenomination, redenominated in 1960, with each (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002. The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 franc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franc Zone
CFA franc (, ) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for , i.e. "African Financial Community" in English), used in eight West African countries, and the Central African CFA franc (where "CFA" stands for , i.e. "Financial Cooperation in Central Africa" in English), used in six Central African countries. The ISO currency codes are XOF for the West African CFA franc and XAF for the Central African CFA franc. Although the two currencies are commonly called ''CFA franc'' and (currently) have the same value, they are not interchangeable. It is therefore not a common monetary zone but two juxtaposed zones. Both CFA francs have a fixed exchange rate (peg) to the euro guaranteed by France: €1 = F.CFA 655.957 exactly. To ensure this convertibility guarantee, member countries were required to deposit half of their foreign exchange reserves with the French Treasury, but this re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
