- CEMAC states target nearly $7bn in 2026 debt issuance
- BEAC tightening and weak reserves force borrowing restraint
YAOUNDÉ, CAMEROON – Central African governments plan to raise nearly $7 billion on regional debt markets in 2026, sharply slowing borrowing as tighter monetary policy and fragile external buffers squeeze financing options.
The six members of the Communauté économique et monétaire de l’Afrique centrale (CEMAC) are targeting CFA 3,906.5 billion ($6.6 billion) in Treasury bills and bonds this year, according to provisional issuance calendars. The securities will be sold on the regional public-debt market operated by the Banque des États de l’Afrique centrale (BEAC), the bloc’s sole refinancing window for governments.
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