12 African French-speaking countries from south of the Sahara desert met in the Kaire capital, Kinshasa, on Wednesday (12 May) at the opening of an information seminar.
12 African French-speaking countries from south of the Sahara desert met in the Kaire capital, Kinshasa, on Wednesday (12 May) at the opening of an information seminar. The meeting was organised by the International Chamber of Commerce (ICC) and comes at the time when many countries are suffering monetary crises.
The countries taking part were Cameroon, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Rwanda, Senegal, Tono, Upper Volta and Zaire.
The meeting was opened by the president of the Zaire National Enterprises Association (ANEZA), Tumba Ntukadi. He informed the delegates on the role that the ICC plays throughout the financial world.
Following Mr. Ntukadi, the Secretary-General of the ICC, Carl-Henrik Winqwist, spoke of the current monetary problems throughout the world and the changes that have taken place during recent years. He went on to explain how his organisation could give ad vice and help in these areas to the delegate countries.
The ICC is a world business organisation. It acts to promote business interests at international level and to foster a greater freedom for world-wide trade. It had committees in nearly 50 countries and is represented in over 30 others.
The currency of the French-speaking countries - African Financial Community (CFA) franc - is closely linked to the French franc. In March it suffered setbacks following the devaluation of the French franc and the general world currency crisis.