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
surface form: Yaoundé, Cameroon
jurisdiction African Union member states
language working languages of the African Union
legalBasis African Union Constitutive Act provisions on financial institutions
African Monetary Fund self-linksurface differs
surface form: 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
surface form: African Union member states
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 African Monetary Fund self-linksurface differs
surface form: Treaty for the Establishment of the African Monetary Fund
treatySignedAt Malabo
surface form: Malabo, Equatorial Guinea

How these facts were elicited

Referenced by (6)

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

African Monetary Union relatedTo African Monetary Fund
this entity surface form: African Central Bank
African Monetary Fund legalBasis African Monetary Fund self-linksurface differs
this entity surface form: Treaty Establishing the African Monetary Fund
African Monetary Fund treatyName African Monetary Fund self-linksurface differs
this entity surface form: Treaty for the Establishment of the African Monetary Fund
African Investment Bank relatedTo African Monetary Fund
African Union institutional system hasComponent African Monetary Fund