Plans for African Central Bank Make Progress

Nigerian Finance Minister Mansur Muhtar has disclosed that officials from the World Bank and International Monetary Fund are due to meet in April 2010 to speed up the creation of an

, the African Press Agency reports. He said the Nigerian government already agreed for the country to host the headquarters. "We also made a commitment to providing some resources to support this process and we have been taking stock," Muhtar added.

About the author

  • Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.