| INSTITUTION
|
OBJECTIVES |
| COMESA MONETARY INSTITUTE (CMI)
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Undertake all the technical preparatory work needed for enhancing monetary cooperation and ultimate creation of the Common Central Bank and the introduction of a common currency in the COMESA region |
CREDIT INFORMATION SHARING ASSOCIATION (CIS)OF KENYA
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Improve risk management in the credit market, both banking and non-bank sectors;
Stimulate economic development and financial inclusion through an orderly, stable and efficient credit market; Promote risk-based pricing that rewards low risk customers and improves credit allocation process; |
| AFRICAN INSTITUTE FOR REMITTANCES (AIR)
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To develop capacity of the member states of the African Union, Remittance senders and recipients and other stakeholders to implement concrete strategies and operational instruments to use remittances as development tools for poverty reduction.
(Reduce cost of Remittance and promote use of official formal channels of money transfer) |
| AFRICA RURAL AND AGRICULTURAL CREDIT ASSOCIATION (AFRACA)
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Policy development and advocacy initiatives aimed at strengthening agri-finance policies and operations;
Demand driven capacity building that includes peer to peer learning among member institutions and partners; Promoting and coordinating knowledge management services that provide value adding information ; and Partnership and networking aimed at creating synergy and enhancing outreach. All the programmes aim at accomplishing AFRACAs ultimate goal of improving agricultural finance policy environment in the continent which is one of the core functions of Central Banks. |