African central bank governors revive vision for continental monetary integration {Business Africa}

CAMEROON: Africa pushes toward a single central bank

At a major summit held in Yaoundé, 41 central bank governors from across the continent gathered to discuss climate-related financial risks and strengthen monetary cooperation. The meeting also re-energized plans for deeper integration under the African Monetary Institute (AMI), which is expected to pave the way for the African Central Bank by 2026.

Leaders emphasized the growing…