Africa

To contribute to Swaziland's national economic development through promotion of monetary stability and by fostering an environment which ensures a stable and a sound financial system.

Consistent with the Reserve Bank of Zimbabwe Act (Chapter 173) and other Acts, the Bank maintains the internal value of the Zimbabwe currency by ensuring stable interest and inflation rates and by providing appropriate management of the monetary system.

The National Bank of Ethiopia being the central bank of the country, plays a key role in the Ethiopian economy by formulating and implementing the country's monetary policy.

The West African Monetary Union is characterised by the recognition of a common monetary unit , the Franc of the African Financial Community (CFA F), which is issued by the Central Bank of West African States (BCEAO). WAMU currently comprises : Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal and Togo.

The Central Bank of Tunisia general assignment is to defend the internal and the external value of the national currency and preserve its stability.

Central Bank of the Republic of Zambia.

Central Bank of Rwanda.

Central Bank of Nigeria has a vision to be one of the most efficient and effective world's Central Banks in promoting and sustaining economic development.

The Bank of Mozambique was created on May 17, 1975, through the Decree nr. 2/75, to be the Central Bank and the Issuing Bank. It had worked as a Commercial Bank as well.

The main functions of the bank is to carry out the privilege of currency issue, safeguarding currency stability and its convertibility and developing the money market.

Central Bank of Madagascar.

The Central Bank of Lesotho (CBL) was first established as the Lesotho Monetary Authority in 1978, under the Lesotho Monetary Authority Act of 1978. It started its operations on January 2nd 1980.

The Central Bank of Kenya was established in 1966 through an Act of Parliament - the Central Bank of Kenya Act of 1966.

The main responsibilities of the CBE are to maintain the stability of the Egyptian currency and the soundness of the banking system, and setting the monetary policy targets, in agreement with the government.

Central Bank of Djibouti.

The Central bank of Central African States WAMU currently comprises : Cameroon, Congo, Gabon, Equatorial Guinea and Chad.

Central bank of Cape Verde in Africa.

According to the Act "The primary objective of the Central Bank of Tanzania shall be to formulate and implement monetary policy, directed to the economic objective of maintaining price stability, conducive to a balanced and sustainable growth of the economy in Tanzania.

The main aims of the Bank of Sudan are to regulate issuance of currency and coins, to help regulate the banking system, the monetary and the credit systems in the Sudan, and to work to ensure financial stability, to achieve economic development in the region.

On 27th March, 1963, the Bank of Sierra Leone Act became law and the Bank began operation on 4th August, 1964, the day Sierra Leone changed to the decimal system of currency.

The Bank of Namibia is the central bank of the Republic of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution.

The Bank of Mauritius was established in September 1967 as the Central Bank of the country. It was modelled on the Bank of England and was, in effect, set up with the assistance of senior officers of the Bank of England.