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African Monetary Fund

African Monetary Fund
Map of the African Union.svg
Abbreviation AMF
Type Financial institution
Legal status Treaty
Headquarters Yaoundé, Cameroon
Region
Africa
Membership
55 member states
Affiliations African 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 future African Union. It will be based in Yaoundé, Cameroon.

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



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Wikipedia

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