#Gabon : The Bank of Central African States (BEAC) has announced the drop in electronic transaction costs at the level of the Central African Economic and Monetary Community (Cemac). It thus wishes to contribute to the fight against the expansion of the coronavirus at the regional level.
These incentive measures for the use of digital payments in the Economic and Monetary Community of Central Africa (Cemac), according to Beac, are purely intended “to support the efforts of the public authorities of the member states of Cemac in the fight against the spread of the coronavirus, by encouraging people to practice social distancing ”.
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Thus, bank cards, mobiles and other electronic payment instruments are now interoperable for, among other things, cash transfer and payment operations in Cemac, without handling cash or needing to travel. The handling of cash, a factor of non-social distancing, is indeed carrying the risk of contamination with Covid-19. According to the John Hopkins University assessment, as of April 16, 2020, the Cemac subregion recorded approximately 1,200 confirmed cases positive for the coronavirus, for around 20 deaths.
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