A convention to rationalize the Regional Economic Communities in Central Africa RECCA and to officially designate Cameroon as head has been signed.
The convention was signed between the Cameroon government and the steering committee of RECCA on Monday 26th February 2018 at the Ministry of External Relations.
The Minister of External Relations, Le Jeune Mbella Mbella signed on behalf of the Cameroon Government while Mr. Louis Paul Motaze (Cameroon’s Minister of Economy Planning and Regional Development) signed as Chairman of RECCA Steering Committee.
According to the convention, a single Regional Economic Community shall be instituted in Central Africa.
Transactions between member countries shall be most felt in the domain of: Trade and commerce,Transport, Security, finance, health, environment, energy, fiscal and monetary policies.
The Steering Committee Chaired by Mr. Louis Paul Motaze is made up of two Ministers from each member state (Minister in charge of Regional integration and that in charge of finance).
Also included in the committee are the Secretary General of ECCAS, President of CEMAC Commission and representatives of Economic Institutions including banks.
The process of creating RECCA for a common coordination started in 31st March 2006 during a meeting of African Ministers in charge of Integration organised in Ouagadougou- Burkina Faso.
It later presented to Heads of State during the 7th Summit of African Heads of States and Government organised from 25th June to 2nd July 2006 in Banjul.
Discussions continued in 2007 at the 13th edition of a conference held at Brazzaville -Congo.
On 24th October 2009, Cameroon was elected head of the Committee.
Irene Mbang Tata