The Central African Stock Exchange (Bvmac) has just received one million dollars from the African Development Bank (AfDB). The general meeting of shareholders of Bvmac, scheduled for this week, will work on the AfDB's boost and the mandate of the Managing Director. The Bank of Central African States (BEAC) and the AfDB signed, on May 28 in Abidjan, an agreement to finance the unified financial market. The financial support of one million dollars, or more than 538 million FCFA, is intended to boost the public securities market, support the community stock exchange and project management.

The general meeting of shareholders of Bvmac will also decide on the decisions taken by the Board of Directors which met on June 1, in Douala (Cameroon). Indeed, in a press release, its president Henri Claude Oyima suggested that the directors have decided to extend the mandate of the chief executive officer until December 31, 2021. "This is in view of the completion of the process currently being recruited for the new Ceo," added Henri Claude Oyima.