African Monetary Fund

The Africa Monetary Fund is a planned African Union financial institution, though in time its responsibilities will be transferred to the African Central Bank. This institution is one of the three financial institutions of the future African Union. It will be based in Yaoundé, Cameroon.[1]

African Monetary Fund
AbbreviationAMF
TypeFinancial institution
Legal statusTreaty
HeadquartersYaoundé, Cameroon
Region
Africa
Membership
55 member states
AffiliationsAfrican Union

Proposed shareholding

The bank envisages to have a paid up capital of $23 billion.[2]

gollark: Well, in a very real sense, twitter bad.
gollark: I feel happy knowing that my credit card runs heavdrone and can be edited at any time.
gollark: Hopefully we can replace human esolangers with GPT-3 soon.
gollark: Yay computers!
gollark: With captchas (the few text-based ones left now) I'm slowed down a bit, and may end up getting confused by some lettrons.

References
  1. "The Financial Institutions". African Union. Archived from the original on 12 August 2014. Retrieved 28 July 2014.
  2. "Coming soon: $23b African Monetary Fund". The East African. 26 July 2014. Archived from the original on 31 July 2014. Retrieved 28 July 2014.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.