Africa

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.