African Monetary Fund

The Africa Monetary Fund is a planned African Union financial institution, though in time its responsibilities will be transferred to the African Central Bank. This institution is one of the three financial institutions of the African Union. It will be based in Yaoundé, Cameroon.^[1]

African Monetary Fund

Abbreviation	AMF
Type	Financial institution
Legal status	Treaty
Headquarters	Yaoundé, Cameroon
Region	Africa
Membership	55 member states
Affiliations	African Union

Proposed shareholding

The bank envisages to have a paid up capital of $23 billion.^[2]