African Central Bank
E633086
The African Central Bank is a proposed continental monetary authority intended to issue a common African currency and coordinate monetary policy across African Union member states.
Statements (30)
| Predicate | Object |
|---|---|
| instanceOf |
institution of the African Union
ⓘ
proposed central bank ⓘ proposed monetary authority ⓘ |
| continent | Africa ⓘ |
| currencyPlanned | common African currency ⓘ |
| foundationDocument |
Constitutive Act of the African Union
NERFINISHED
ⓘ
Treaty establishing the African Economic Community NERFINISHED ⓘ |
| goal |
promote monetary integration in Africa
ⓘ
support economic integration in Africa ⓘ |
| inspiredBy | European Central Bank NERFINISHED ⓘ |
| intendedFunction |
coordinate monetary policy across African Union member states
ⓘ
issue common African currency ⓘ |
| intendedRole | continental monetary authority ⓘ |
| jurisdictionPlanned | African Union member states ⓘ |
| longTermObjective |
create single African currency area
ⓘ
harmonize monetary policies of member states ⓘ |
| partOf | African Economic Community roadmap ⓘ |
| planningBody | African Union Commission NERFINISHED ⓘ |
| policyArea |
exchange rate policy
ⓘ
financial stability ⓘ monetary policy ⓘ |
| proposedBy | African Union NERFINISHED ⓘ |
| regionServed | Africa ⓘ |
| relatedTo |
African Investment Bank
NERFINISHED
ⓘ
African Monetary Fund NERFINISHED ⓘ African Monetary Union NERFINISHED ⓘ African Union financial institutions NERFINISHED ⓘ |
| sponsor | Assembly of the African Union NERFINISHED ⓘ |
| status |
not yet operational
ⓘ
proposed ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.