African Monetary Fund

E162043

The African Monetary Fund is a planned specialized financial institution of the African Union intended to promote monetary cooperation, financial stability, and economic integration across African countries.

All labels observed (4)

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf monetary fund ⓘ
planned international financial institution ⓘ
specialized agency of the African Union ⓘ
affiliation African Union Commission ⓘ
continent Africa ⓘ
currency multiple African national currencies ⓘ
documentedIn African Union official decisions and declarations ⓘ
foundingBody African Union ⓘ
foundingDate treaty adopted in 2014 ⓘ
function oversee exchange rate policies of member states ⓘ
promote regional payment systems in Africa ⓘ
provide short-term and medium-term financial assistance to member states ⓘ
support creation of an African common currency in the long term ⓘ
goal facilitate harmonization of monetary and financial policies in Africa ⓘ
promote economic integration in Africa ⓘ
promote financial stability in Africa ⓘ
promote monetary cooperation among African countries ⓘ
provide balance of payments support to African countries ⓘ
reduce dependence of African countries on external financial institutions ⓘ
support development financing in Africa ⓘ
support macroeconomic stability in African Union member states ⓘ
headquartersLocation Yaoundé, Cameroon ⓘ
linked to: Yaoundé
jurisdiction African Union member states ⓘ
language working languages of the African Union ⓘ
legalBasis African Union Constitutive Act provisions on financial institutions ⓘ
Treaty Establishing the African Monetary Fund ⓘ
longTermObjective contribute to establishment of African Monetary Union ⓘ
support convergence of macroeconomic policies in Africa ⓘ
memberOf African Union financial institutions architecture ⓘ
numberOfRequiredRatifications 15 ⓘ
parentOrganization African Union ⓘ
plannedCapital US$22.64 billion ⓘ
regionServed African Union member states ⓘ
linked to: African Union
relatedOrganization African Central Bank ⓘ
African Development Bank ⓘ
African Investment Bank ⓘ
International Monetary Fund ⓘ
scope continental ⓘ
sector economic integration ⓘ
financial stability ⓘ
monetary policy ⓘ
status not yet operational ⓘ
treatyName Treaty for the Establishment of the African Monetary Fund ⓘ
treatySignedAt Malabo, Equatorial Guinea ⓘ
linked to: Malabo

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

African Monetary Union → relatedTo → African Central Bank ⓘ
linked to: African Monetary Fund
African Monetary Fund → legalBasis → Treaty Establishing the African Monetary Fund ⓘ
linked to: African Monetary Fund
African Monetary Fund → treatyName → Treaty for the Establishment of the African Monetary Fund ⓘ
linked to: African Monetary Fund
African Investment Bank → relatedTo → African Monetary Fund ⓘ
African Union institutional system → hasComponent → African Monetary Fund ⓘ
African Central Bank → relatedTo → African Monetary Fund ⓘ