African Monetary Fund

In the history of humanity, African Monetary Fund has played a fundamental role in the development and evolution of society. Since its inception, African Monetary Fund has captured people's attention and imagination, inspiring all kinds of experiences, emotions and reflections. Whether due to its impact on popular culture, its influence in the scientific field or its relevance in world politics, African Monetary Fund has left an indelible mark on history. In this article we will explore the role that African Monetary Fund has played over time and how it has shaped the course of humanity in different aspects.

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

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 African Union. It will be based in Yaoundé, Cameroon.

Proposed shareholding

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

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.

External links