Economy of Equatorial Guinea

DGAP-News: African Energy Chamber: Energy Chamber threatens litigation against Bank of Central African States (BEAC) on Anti African FOREX regulations

Retrieved on: 
Wednesday, October 21, 2020

Energy Chamber threatens litigation against Bank of Central African States (BEAC) on Anti African FOREX regulations.

Key Points: 
  • Energy Chamber threatens litigation against Bank of Central African States (BEAC) on Anti African FOREX regulations.
  • The African Energy Chamber will file a lawsuit seeking an injunction to stop the implementation of the Bank of Central African States (BEAC)'s reckless foreign exchange (forex) regulations that are anti-African, against small businesses, and against investors.
  • The African Energy Chamber's members create jobs, expand economic opportunity for many local communities across Africa and support a prosperous future for all Africans.
  • At the African Energy Chamber, we get up every day to help them do it.