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The Bank of Central African States (french: Banque des États de l'Afrique Centrale, BEAC) is a
central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...
that serves six
central Africa Central Africa is a subregion of the African continent comprising various countries according to different definitions. Angola, Burundi, the Central African Republic, Chad, the Democratic Republic of the Congo, the Republic of the Congo, ...
n countries which form the
Economic and Monetary Community of Central Africa The Economic Community of Central African States (ECCAS; french: Communauté Économique des États de l'Afrique Centrale, CEEAC; es, Comunidad Económica de los Estados de África Central, CEEAC; pt, Comunidade Económica dos Estados da Áfr ...
: *
Cameroon Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the C ...
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Central African Republic The Central African Republic (CAR; ; , RCA; , or , ) is a landlocked country in Central Africa. It is bordered by Chad to the north, Sudan to the northeast, South Sudan to the southeast, the DR Congo to the south, the Republic of th ...
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Chad Chad (; ar, تشاد , ; french: Tchad, ), officially the Republic of Chad, '; ) is a landlocked country at the crossroads of North and Central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic ...
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Equatorial Guinea Equatorial Guinea ( es, Guinea Ecuatorial; french: Guinée équatoriale; pt, Guiné Equatorial), officially the Republic of Equatorial Guinea ( es, link=no, República de Guinea Ecuatorial, french: link=no, République de Guinée équatoria ...
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Gabon Gabon (; ; snq, Ngabu), officially the Gabonese Republic (french: République gabonaise), is a country on the west coast of Central Africa. Located on the equator, it is bordered by Equatorial Guinea to the northwest, Cameroon to the north ...
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Republic of the Congo The Republic of the Congo (french: République du Congo, ln, Republíki ya Kongó), also known as Congo-Brazzaville, the Congo Republic or simply either Congo or the Congo, is a country located in the western coast of Central Africa to the w ...
In December 2010, a
WikiLeaks WikiLeaks () is an international Nonprofit organization, non-profit organisation that published news leaks and classified media provided by anonymous Source (journalism), sources. Julian Assange, an Australian Internet activism, Internet acti ...
memo dated June 3, 2005, said that Gabonese officials working for the Bank of Central African States stole
US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
36 million over a period of five years from the pooled reserves, giving much of the money to members of France's two main political parties.


Governors

Philibert Andzembe of
Gabon Gabon (; ; snq, Ngabu), officially the Gabonese Republic (french: République gabonaise), is a country on the west coast of Central Africa. Located on the equator, it is bordered by Equatorial Guinea to the northwest, Cameroon to the north ...
was
Governor of the Bank of Central African States A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political r ...
from July 2007 until October 2009, when he was fired by the new president of Gabon, Ali Bongo, in response to a bank scandal in which $28.3 million went missing from the bank's Paris branch. Jean Félix Mamalepot, also from Gabon, was Governor for the preceding 17 years."Le Gabonais Philibert Andzembe, nouveau gouverneur de la BEAC"
Panapress (Grioo.com), July 6, 2007 . *
Christian Joudiou Christians () are people who follow or adhere to Christianity, a Monotheism, monotheistic Abrahamic religion based on the life and teachings of Jesus in Christianity, Jesus Christ. The words ''Christ (title), Christ'' and ''Christian'' derive ...
(1973 - 1978) *
Casimir Oyé-Mba Casimir Marie Ange Oyé-Mba (20 April 1942 – 16 September 2021) was a Gabonese politician. After serving as Governor of the Bank of Central African States (BEAC) from 1978 to 1990, Oyé-Mba was Prime Minister of Gabon from 3 May 1990 to 2 Nov ...
(1978 - 1990) *
Jean-Félix Mamalepot Jean-Félix Mamalepot (December 28, 1940 – December 12, 2012) was a Gabonese banker who was Governor of the Bank of Central African States The Bank of Central African States (french: Banque des États de l'Afrique Centrale, BEAC) is a cen ...
(1990 - April 2007) * Philibert Andzembe (July 2007- June 2008) *Lucas Abaga Nchama (2008- 2017) *
Abbas Mahamat Tolli Abbas may refer to: People * Abbas (name), list of people with the name, including: ** Abbas ibn Ali, Popularly known as Hazrat-e-Abbas (brother of Imam Hussayn) **Abbas ibn Abd al-Muttalib, uncle of Muhammad ** Mahmoud Abbas (born 1935), Pal ...
(2017 - to date)


See also

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Banque Centrale des États de l'Afrique de l'Ouest The Central Bank of West African States (french: Banque Centrale des États de l'Afrique de l'Ouest, BCEAO) is a central bank serving the eight west African countries which share the common West African CFA franc currency and comprise the West Af ...
(BCEAO) * Central banks and currencies of Africa *
CFA Franc The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight Wes ...
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Central African CFA franc The Central African CFA franc ( French: ''franc CFA'' or simply ''franc''; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equator ...
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Economy of Africa The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. , approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been d ...
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Economy of the Central African Republic The economy of the Central African Republic is $2.321 billion by gross domestic product as of 2019, with an estimated annual per capita income of just $805 as measured by purchasing power parity in 2019. Sparsely populated and landlocked, the ...
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Economy of Cameroon The economy of Cameroon was one of the most prosperous in Africa for a quarter of a century after independence. The drop in commodity prices for its principal exports – petroleum, cocoa, coffee, and cotton – in the mid-1980s, combined with ...
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Economy of Chad The economy of Chad suffers from the landlocked country's geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends on agriculture, including the herding of livestock. Of Africa's Franco ...
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Economy of the Republic of the Congo The economy of the Republic of the Congo is a mixture of subsistence hunting and agriculture, an industrial sector based largely on petroleum extraction and support services. Government spending is characterized by budget problems and overstaff ...
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Economy of Equatorial Guinea The economy of Equatorial Guinea has traditionally been dependent on commodities such as cocoa and coffee, but is now heavily dependent on petroleum due to the discovery and exploitation of significant oil reserves in the 1980s. In 2017, it graduat ...
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Economy of Gabon The economy of Gabon is characterized by strong links with France, large foreign investments, dependence on skilled foreign labor, and decline of agriculture. Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa ...


References


External links

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Official site of Banque des Etats de l'Afrique Centrale
Central African States Economy of the Central African Republic Economy of Cameroon Economy of Chad Economy of the Republic of the Congo Economy of Equatorial Guinea Economy of Gabon Banks of the Central African Republic Banks of Cameroon Banks of Chad Banks of the Republic of the Congo Banks of Equatorial Guinea Banks of Gabon Banks established in 1972 Cameroon–Central African Republic relations Central African Republic–Chad relations Cameroon–Chad relations Cameroon–Equatorial Guinea relations Central African Republic–Republic of the Congo relations Cameroon–Gabon relations Cameroon–Republic of the Congo relations {{Africa-bank-stub