JOHANNESBURG - The countries of the Central African Economic and Monetary Community (CEMAC) face continued turbulence as political upheaval, the threat of terrorism and economic instability continue to threaten the region’s security.
The oil-dependent CEMAC countries, which include Chad, Cameroon, the Republic of Congo, Central African Republic (CAR), Gabon and Equatorial Guinea had a rocky 2017, marred by a crash in commodity prices and socio-political unrest, aggravated by political repression and a lack of substantive democratic reform.
The failed coup attempt in Equatorial Guinea last December was one of the examples of opposition to undemocratic regimes in the area.
Pretoria-based Institute for Security Studies (ISS) senior researchers Fonteh Akum and Zach Donnenfeld said that security threats posed by Boko Haram on the north-western front of the region further compounded the area’s political and economic instability.
While military cooperation by Chad and Cameroon, backed by the Economic Community of West African States (ECOWAS), has helped contain Boko Haram’s expansion in the area, piracy along the Gulf of Guinea and instability in the CAR remain major issues, Akum and Donnenfeld explained in an ISS article.