General News of Monday, 10 February 2020Source: 3news.comAkufo-Addo named ‘Champion of AU Financial Institutions’President Akufo-Addo displaying his plague and certificateThe 33rd Ordinary Session of the Assembly of Heads of State and Governments of the African Union has appointed President Nana Akufo-Addo as ‘Champion of the African Union Financial Institutions’. The creation of African Union Financial Institutions is one of the flagship projects of Agenda 2063, aiming at accelerating integration and socio-economic development of the continent. the Republic of Cameroon for the African Monetary Fund, the Federal Republic of Nigeria for the African Central Bank, and Libya for the African Investment Bank towards their establishments. The three financial institutions and the PASE, constitute the African Union Financial Institutions (AUFIs). Assembly/AU/Dec.64 (IV), that the African Central Bank should be located in West Africa, the African Investment Bank in North Africa, and the African Monetary Fund in Central Africa.

Source: GhanaWeb February 10, 2020 17:15 UTC