The African Monetary Fund is born in Malabo
The 23rd African Union (AU) Summit in Malabo adopted the statutes of the African Monetary Fund (AMF), a pan-African financial institution with an initial capital of US $ 22.64 billion, Economic development of the continent. This fund will be based in Yaoundé, Cameroon. The fund, set up by the AU's constitutive act adopted in 2000…
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