African Central Banks have agreed upon reinforcing their cooperation in the monetary and financial field. While meeting in Dakar, African banks governors have decided to act in direction of common strategy dealing with exchange of experiences between all financial institutions in Africa. M. Dacoury Tabley who is also governor of the Western Africa states central bank has sustained that the existence of such cooperation is to enable Africans to” take up challenges imposed to them” On the other hand, African Central banks governors have encouraged member states of the ABCA to pursue reforms aiming at favoring economic launching, consolidating African economies by boosting macro economies relations” . For M. Dacoury- Tabley, these macroeconomic ties between African countries is necessary so to promote the idea of “unique African monetary system” as decided by the African Heads of state and government in the last African summit
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- Africa
