Since the unification of regional capital markets in 2019, CEMAC—covering Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of Congo—has prioritized strengthening its regulatory framework. At the heart of these efforts is the Central African Financial Market Supervisory Commission (COSUMAF), which is working closely with the World Bank to roll out a new generation of market regulations.

With the region’s regulatory architecture now defined, the focus has shifted to implementation. The conference in Libreville served as a platform to review the latest draft rules covering collective investment schemes, venture capital, securitization, public offerings, and central market infrastructure. These reforms are expected to enable more investment options, enhance transparency, and improve market stability.

Following the conference, intensive workshops were held for COSUMAF staff, board members, and consultants to accelerate the approval of pending implementing regulations. While 48 regulations have been drafted, fewer than half were approved by the time of the event. Thanks to the workshops, consensus was reached on 12 priority regulations, including those covering private placements and digital token issuance.

This capacity-building effort marks a turning point for CEMAC. By equipping the regulator with the tools and knowledge to finalize and enforce complex regulatory frameworks, the region moves one step closer to functional and competitive capital markets