 | |
| Abbreviation | AMF |
|---|---|
| Type | Financial institution |
| Legal status | Treaty |
| Headquarters | Yaoundé,Cameroon |
Region | Africa |
| Membership | 55 member states |
| Affiliations | African Union |
TheAfrica Monetary Fund is a plannedAfrican Union financial institution, though in time its responsibilities will be transferred to theAfrican Central Bank. This institution is one of the three financial institutions of the African Union. It will be based inYaoundé,Cameroon.[1]
The bank envisages to have a paid up capital of $23 billion.[2]
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