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Central African States Push for Local Investment to Tackle Poverty and High Costs

President Paul Biya. © Stephane Lemouton/ABACAPRESS.COM / Alamy Stock Photo
  • CEMAC leaders commit to reducing imports and boosting local production to address economic challenges.
  • Regional trade and free movement of goods targeted to drive growth amid conflicts and global disruptions.

Yaoundé, Cameroon – Central African leaders have called for significant local investment to combat high costs of living and widespread poverty in the six-member Central African Economic and Monetary Community (CEMAC). Meeting in Yaoundé, Cameroon, on Monday, they highlighted the devastating impact of armed conflicts, terrorism, climate shocks, and weak political integration on regional development.

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