African Monetary Fund
Encyclopedia
The Africa Monetary Fund will be an African Union
African Union
The African Union is a union consisting of 54 African states. The only all-African state not in the AU is Morocco. Established on 9 July 2002, the AU was formed as a successor to the Organisation of African Unity...

 financial institution, though in time its responsibilities will be transferred to the African Central Bank
African Central Bank
The African Central Bank is one of the three financial institutions of the African Union. Over time, it will take over responsibilities of the African Monetary Fund....

.This institution is one of the three financial institutions of the future African Union. It will be based in Yaoundé
Yaoundé
-Transportation:Yaoundé Nsimalen International Airport is a major civilian hub, while nearby Yaoundé Airport is used by the military. Railway lines run west to the port city of Douala and north to N'Gaoundéré. Many bus companies operate from the city; particularly in the Nsam and Mvan neighborhoods...

, Cameroon
Cameroon
Cameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the...

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