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Central Bank of West African States

Index Central Bank of West African States

The Central Bank of West African States (Banque Centrale des États de l'Afrique de l'Ouest, BCEAO) is a central bank serving the eight west African countries which share the common West African CFA franc currency and comprise the West African Economic and Monetary Union (UEMOA). [1]

31 relations: Bank of Central African States, Bank of West Africa (BAO), Benin, Burkina Faso, Central bank, CFA franc, Dahomey, Dakar, Economic Community of West African States, Economy of Benin, Economy of Burkina Faso, Economy of Guinea-Bissau, Economy of Ivory Coast, Economy of Mali, Economy of Niger, Economy of Senegal, Economy of Togo, Financial inclusion, French Upper Volta, Guinea-Bissau, Ivory Coast, List of central banks of Africa, Mali, Mauritania, Niger, Payment system, Real-time gross settlement, Senegal, Togo, West Africa, West African CFA franc.

Bank of Central African States

The Bank of Central African States (Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa.

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Bank of West Africa (BAO)

Banque d'Afrique Occidentale (also B.A.O. or BAO or Banque de l'AOF): (French for Bank of West Africa) was a bank French colonial authorities established in 1901 in Dakar, Sénégal, as the central bank of the colonies of French West Africa.

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Benin

Benin (Bénin), officially the Republic of Benin (République du Bénin) and formerly Dahomey, is a country in West Africa.

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Burkina Faso

Burkina Faso is a landlocked country in West Africa.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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CFA franc

The CFA franc (in French: franc CFA, or colloquially franc) is the name of two currencies used in parts of West and Central African countries which are guaranteed by the French treasury.

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Dahomey

The Kingdom of Dahomey was an African kingdom (located within the area of the present-day country of Benin) that existed from about 1600 until 1894, when the last king, Béhanzin, was defeated by the French, and the country was annexed into the French colonial empire.

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Dakar

Dakar is the capital and largest city of Senegal.

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Economic Community of West African States

The Economic Community of West African States, also known as ECOWAS, is a regional economic union of fifteen countries located in West Africa.

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Economy of Benin

The economy of Benin remains underdeveloped and dependent on subsistence agriculture and cotton.

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Economy of Burkina Faso

Burkina Faso has an average income purchasing-power-parity per capita of $1,666 and nominal per capita of $790 in 2014.

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Economy of Guinea-Bissau

Guinea-Bissau is among the world's least developed nations and one of the 10 poorest countries in the world, and depends mainly on agriculture and fishing.

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Economy of Ivory Coast

The economy of Ivory Coast is stable and currently growing, in the aftermath of political instability in recent decades.

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Economy of Mali

The economy of Mali is based to a large extent upon agriculture, with a mostly rural population engaged in subsistence agriculture.

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Economy of Niger

The economy of Niger is based largely upon internal markets, subsistence agriculture, and the export of raw commodities: foodstuffs to neighbors and raw minerals to world markets.

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Economy of Senegal

Predominantly rural, and with limited natural resources, the Economy of Senegal gains most of its foreign exchange from fish, phosphates, groundnuts, tourism, and services.

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Economy of Togo

The economy of Togo is refers to the economic activity of Togo.

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Financial inclusion

Financial inclusion is where individuals and businesses have access to useful and affordable financial products and services that meet their needs that are delivered in a responsible and sustainable way.

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French Upper Volta

Upper Volta (Haute-Volta) was a colony of French West Africa established on 1 March 1919, from territories that had been part of the colonies of Upper Senegal and Niger and the Côte d'Ivoire.

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Guinea-Bissau

Guinea-Bissau, officially the Republic of Guinea-Bissau (República da Guiné-Bissau), is a sovereign state in West Africa.

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Ivory Coast

Ivory Coast, also known as Côte d'Ivoire and officially as the Republic of Côte d'Ivoire, is a sovereign state located in West Africa.

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List of central banks of Africa

There are two African currency unions associated with multinational central banks; the West African Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des Etats de l'Afrique Centrale (BEAC).

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Mali

Mali, officially the Republic of Mali (République du Mali), is a landlocked country in West Africa, a region geologically identified with the West African Craton.

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Mauritania

Mauritania (موريتانيا; Gànnaar; Soninke: Murutaane; Pulaar: Moritani; Mauritanie), officially the Islamic Republic of Mauritania, is a country in the Maghreb region of Northwestern Africa.

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Niger

Niger, also called the Niger officially the Republic of the Niger, is a landlocked country in Western Africa named after the Niger River.

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Payment system

A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.

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Real-time gross settlement

Real-time gross settlement systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to another on a "real time" and on a "gross" basis.

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Senegal

Senegal (Sénégal), officially the Republic of Senegal, is a country in West Africa.

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Togo

Togo, officially the Togolese Republic (République Togolaise), is a sovereign state in West Africa bordered by Ghana to the west, Benin to the east and Burkina Faso to the north.

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West Africa

West Africa, also called Western Africa and the West of Africa, is the westernmost region of Africa.

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West African CFA franc

The West African CFA franc (franc CFA; franco CFA or simply franc, ISO 4217 code: XOF) is the currency of eight independent states in West Africa: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo.

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Redirects here:

BCEAO, Bank of Senegal, Banque Centrale des Etats de l'Afrique de l'Ouest, Banque Centrale des États de l'Afrique de l'Ouest, Bceao, Central Bank for West African States, Central Bank of the West African States, Central bank of west african states.

References

[1] https://en.wikipedia.org/wiki/Central_Bank_of_West_African_States

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