CABS: SURVEY ON BANKING REGULATION AND SUPERVISION NEEDS

During its meeting held in Dakar on 26 February, 2014, the Bureau of the Association of African Central Banks (AACB) approved the Work Plan (2014-2016) of the Community of African Banking Supervisors (CABS), developed by the Working Committee of African Supervisors in January 2014 in Mauritius, as directed by the 37th Assembly of Governors of the AACB, on 23 August 2013 in Balaclava, Mauritius. It also authorized the implementation of the interim 2014 Work Plan.[Full text...]

Annual Meetings - Malabo 2015

At the close of its Extraordinary Meeting held on 4 December 2014 in Port-Louis, Mauritius, the AACB Bureau, noting the difficulties posed by the postponement of the 2014 Annual Meetings, decided that the next Annual Meetings will be held in August 2015 in Malabo, Equatorial Guinea.

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Bureau Meeting - Dakar 2014

The Bureau of the Association of African Central Banks (AACB), held its 1st Ordinary Meeting of the year, on 26th February 2014, in Dakar, Senegal, at the Head Office of the Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO). The meeting, attended by all the members of the Bureau as well as the African Union Commission (AUC), was chaired by Mr. Rundheersing Bheenick, Governor of the Bank of Mauritius and Chairman of AACB.

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Assembly of Governors Meeting - Balaclava 2013

The 37th Ordinary Meeting of the Assembly of Governors of the Association of African Central Banks (AACB) was held at Le Maritim Hotel, Port Louis, Mauritius on 23rd August, 2013. The meeting was attended by thirty-two Central Banks, the African Union Commission (AUC) and African and international institutions.

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Symposium - Balaclava 2013

The Symposium on the theme: “Financial Inclusion in Africa: the Challenges of Financial Innovations for Monetary Policy and the Stability of Financial Systemwas held on 22nd August, 2013 in Balaclava, Mauritius. The Symposium was officially opened by Dr. The Honourable Navinchandra Ramgoolam, Prime Minister of the Republic of Mauritius.

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Symposium - Algiers 2012

The Association organized, as usual, its Symposium on August 29, 2012 in Algiers (Algeria) on the theme « Challenges of Commodity Prices and Capital Flow Volatility to African Central Banks »

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Continental seminar - Maseru 2013

The 2013 AACB Contiental seminar on the theme « The Role of the Central Banks in promoting Sustainable Economic Growth in Africa » took place from May 6 - 8, 2013 in Maseru, Lesotho.

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Continental seminar - Douala 2012

The AACB continental seminar was held in Douala, Cameroun on May 7-9, 2012, on the theme « Challenges to the Design and Implementation of Macroprudential Policy Instruments in Africa Défis en matière de conception et de mise en oeuvre d'instruments de politique macroprudentielle en Afrique ».

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Ebola: Liberia's central bank unveils relief measures for lenders

The central bank has waived default charges and extended repayment periods on loans.

New bank seeks to revolutionise Somalia's financial system

Hundreds of accounts were opened since the launch of the bank in October.

Tanzania, Mozambique Top Africa's Oil, Gas Table

Africa's energy industry could boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract enough badly needed investment, a report said recently.

South Africa: Lesetja Kganyago appointed new SA Reserve Bank Governor

Lesetja Kganyago will take over as the new South African Reserve Bank (Sarb) governor when Gill Marcus’s current five-year term ends on 8 November 2014.

Kganyago is currently the deputy Sarb governor, having served in the position since 16 May 2011. Accepting his appointment at the Union Buildings in Pretoria on Monday, 6 October, Kganyago said he is humbled and honoured that the leadership of South Africa has seen him suitable for the position. “I shall not disappoint,” he said.

Tunisia: Parliament adopts several measures against tax evasion

The Tunisian parliament has adopted several measures to enhance transparency and fight tax evasion, included in articles 12, 13, 14 and 15 of the supplementary finance law for 2014.

According to the Minister of Economy and Finance, Hakim Ben Hammouda, they will allow the country to set up a transparent financial and tax system, Tunis Afrique Presse agency reports.

The minister stressed the importance of financial transparency in tax matters, adding that the veil will be progressively lifted on bank secrecy.

Ebola: Liberia's central bank unveils relief measures for lenders

New bank seeks to revolutionise Somalia's financial system

Tanzania, Mozambique Top Africa's Oil, Gas Table

South Africa: Lesetja Kganyago appointed new SA Reserve Bank Governor

Tunisia: Parliament adopts several measures against tax evasion

Farewell Cocktail organised for Mr Samuel Meango, Former AACB’s Executive Secretary, who retired on 31 August 2014