Development Bank of the Central African States
| Banque de développement des États de l'Afrique centrale (BDEAC) | |
| Established | 1975 |
|---|---|
| Type | Multilateral development bank |
| Headquarters | Brazzaville, Republic of the Congo |
President | Dieudonné Evou Mekou |
| Website | www |
The Development Bank of the Central African States, usually known for its French initials, BDEAC, is a multilateral development bank that is charged with financing the development of the member states of Economic and Monetary Community of Central Africa (CEMAC). The BDEAC is different from the Bank of the Central African States (BEAC), which is a central bank.[1]
History
BDEAC was created through an agreement signed December 3, 1975, in Bangui by the heads of state of Cameroon, Central African Republic, Republic of the Congo and Gabon. It started its operations on January 3, 1977.[1]
Governance
The General Assembly is BDEAC's supreme organ. The Bank is led by a president elected by the General Assembly for a single five year term. This president is assisted by a vice president elected under the same conditions. Since 2022 the president is Dieudonné EVOU MEKOU. [2]
See also
- Bank of the Central African States (BEAC)
- Economic and Monetary Community of Central Africa (CEMAC)
- West African Development Bank
References
- ^ a b "A_propos". Banque de Développement des États de l’Afrique Centrale. Retrieved 7 February 2017.
- ^ "CEMAC: Dieudonné Evou Mekou nommé président de la BDEAC". Financial Afrik. 14 April 2022. Retrieved 14 April 2022.
External links
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