Technical assistance activities of the International Monetry Fund in Africa

Abstract

The activities of the International Monetary Fund in Africa are growing in importance as an increasing number of the newly independent African countries acquire Fund membership. At the end of 1960, Fund members in the continent of Africa were eight in number Ethiopia, Ghana, Libya, Morocco, the Republic of South Africa, the Sudan, Tunisia, and the United Arab Republic Since then Nigeria has become a member of the fund furthermore, the Board of Governors of the Fund recently approved the terms and conditions of membership for Liberia, Senegal, sierra Leone and Togo and these countries should become members of the Fund in the near future.