CEMAC Commission suspends services due to bankruptcy.

Engonga Edjoo

The Commission of the Central African Economic and Monetary Community, CEMAC, has suspended most of its activities due to financial crises that are rocking the institution.



According to the President, Baltasar Engonga Edjoo, the suspension takes effect from February 6, 2026. In a circular letter he signed on the said date in Bangui, capital of the Central African Republic, where the Commission seats, the President reiterated that nearly all administrative meetings, and non-essential missions programmed for the current business year, 2026, have been temporarily suspended. 

According to the official, the main reason for the closure is that the institution is facing a severe lack of funds.

He disclosed that the institution is trying to make do with less than half of the expected Community Integration Tax, TCI, which is the commission’s main source of revenue failing to come in. 

Engonga Edjoo explained that a major chunk of the source of financing has been transferred to member states with effect from the 2025 business year. 

“The Commission is in a state of minimum services, with only activities deemed highly strategic, being maintained,” Edjoo explained in what he described as the new optimal operational status of the institution.

He warned that the economic crisis plaguing the sub region has potential of delaying the execution of regional infrastructure projects, hinder the free movement of people, and weaken the overall economic integration process.

He called on member states to implement an independent, automated mechanism for collecting the TCI, instead of relying on state transferred funds, to resolve their budgetary crisis. 

 

This article was first published in The Guardian Post Edition No:3700 of Tuesday February 10, 2026

 

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