(Business in Cameroon) - The latest kamikaze attack perpetrated by the Boko Haram sect on 11 July 2015 in the central market of N’Djamena, Chad, resulting in the loss of about 10 lives and many injuries, revived the debate on the special fund determined in February 2015 by the Extraordinary Conference of Head of State of the Central Africa Security and Peace Council (COPAX)

To this effect, Ahmad Allam-Mi (pictured), General Secretary of the Economic Community of Central African States (CEEAC), signed on 11 July in Libreville a communiqué which, in a first part, “condemns in the strongest possible terms this despicable and coward act, against the institutions of the Chadian state and the innocent civilian populations”. He continued, reminding that  “this situation shows the urgent necessity for the member states to make available the special fund of FCFA 50 billion agreed during the Extraordinary Conference of the heads of state of COPAX in Yaoundé, in February 2015, in support of Cameroon and Chad”.

Indeed, in the framework of the Mutual Assistance Treaty between the member states of the CEEAC, in addition to the creation of a Joint Multinational Force (FMM), it was decided on 14 February to create an Emergency Aid Fund of FCFA 50 billion. Since then, only the FMM is progressively coming to reality. The financial commitment to support Cameroon and Chad in the front-line of the war against Boko Haram has not yet materialised.