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The Shanghai Cooperation Organisation (SCO) is an international alliance that consists of 10 member states and 2 observers from Eurasia. It was established on 26 April 1996 as the Shanghai Five. In addition to the 10 member states and 2 observers, the SCO currently has 14 dialogue partners and 4 guest attendance entries.
Promoting cooperation among member states and to support the development of the financial and banking sector; Paving the path towards the establishment of an African Central Bank and single currency; Enhancing the capacity building of African central banks through research, seminars, symposiums, and technical training
Central bank Peg Benin: West African CFA franc: Central Bank of West African States: 1 EUR = CFA 655.957 Burkina Faso Guinea-Bissau Ivory Coast Mali Niger Senegal Togo Cameroon: Central African CFA franc: Bank of Central African States: 1 EUR= CFA 655.957 Central African Republic Chad Equatorial Guinea Gabon Republic of the Congo Algeria
The Shanghai Cooperation Organisation (SCO) is a Eurasian political, economic, international security and defence organization established by China and Russia in 2001. It is the world's largest regional organization in terms of geographic scope and population, covering approximately 24% of the area of world (65% of Eurasia) [3] and 42% of the world population.
West African CFA franc: Central Bank of West African States: Banco Central dos Estados da África Ocidental: 1959 Guyana: Guyanese dollar: Bank of Guyana: 1965 Haiti: Haitian gourde: Bank of the Republic of Haiti: Banque de la République d'Haïti / Bank Repiblik Ayiti: 1979 Hong Kong: Hong Kong dollar: Hong Kong Monetary Authority ...
BEAC is the central bank of the states in red. The Bank of Central African States (French: Banque des États de l'Afrique Centrale, BEAC; Spanish: Banco de los Estados de África Central) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa: Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon, and the ...
The single African currency is to be composed of currency units made up of regional central bank currency units of which are made up country specific currencies (The Arab Maghreb Union (AMU) - Northern Afriq, Southern African Development Community (SADC) - Southern Afriq, Economic Community of West African States (ECOWAS) - Western Afriq or ECO, East African Community (EAC), Eastern Afriq ...
It is institutionally part of the Bank of Central African States (French acronym BEAC) and is the single banking supervisor for the six countries of the Economic and Monetary Community of Central Africa (CEMAC), namely Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo.