BCEAO and BEAC strengthen strategic partnership in Dakar for African monetary cooperation
via Abidjan.net9 min read
The governors of the Central Bank of West African States BCEAO, Jean-Claude Kassi Brou, and the Bank of Central African States BEAC, Yvon Sana Bangui, held a bilateral meeting in Dakar on May 6, 2026. Hosted at the BCEAO headquarters, this meeting aimed to reinforce cooperation between the two major sub-regional African monetary institutions. The discussions were part of a cooperation agreement signed in Dakar on November 18, 2008, which seeks to enhance synergy between the central banks in addressing common economic, financial, and technological challenges. The leaders evaluated the 2025-2026 action plan adopted in Yaound茅 on January 27, 2025, assessing progress and identifying strategic priorities. Key areas of focus included digital transformation and financial inclusion, innovation and cybersecurity, and the modernization and interconnection of payment systems. External financial relations were also discussed. Both institutions acknowledged the advancements in experience sharing and technical consultations between their teams, reaffirming their commitment to strengthening cooperation amid rapid changes in the global financial sector. The governors emphasized the importance of this collaboration for monetary and financial stability within the West African Economic and Monetary Union and the Central African Economic and Monetary Community, noting its contribution to regional financial integration, particularly through the Association of African Central Banks. They also reit
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