Franc de la Communauté Financière Africaine definition

Franc de la Communauté Financière Africaine and “CFAF” mean the currency of the Borrower;
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Franc de la Communauté Financière Africaine the currency of the Borrower;
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Franc de la Communauté Financière Africaine means the currency of the Borrower; "Conseil National de Lutte contre la Fraude Economique" means the committee established by the Borrower pursuant to Decree No. 97-612 of October 16, 1997, to assist the Borrower’s agencies in the fight against economic fraud;
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Examples of Franc de la Communauté Financière Africaine in a sentence

  • In 1985, EQG became a member of the Economic and Monetary Community of Central Africa (CEMAC), adopted the Franc de la Communauté Financière Africaine (FCFA) as a currency, and with it a fixed exchange rate system to provide a more stable macroeconomic framework conducive to foreign direct investment (FDI) and private sector development.

  • The responsible monetary authority is the “Banque Centrale des Etats de l'Afrique de l'Ouest”, whose CFA franc (F.CFA = Franc de la Communauté Financière Africaine) is legal tender only in the aforementioned countries.

  • The French provide strong support to UEMOA, in the interest of sustaining the FCFA (Franc de la Communauté Financière Africaine currency).

Related to Franc de la Communauté Financière Africaine

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • International air transportation means transportation by air between a place in the United States and a place outside the United States or between two places both of which are outside the United States.

  • Public school academy means a public school academy or strict discipline academy organized under the revised school code, 1976 PA 451, MCL 380.1 to 380.1852.

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Harbour Master means the ABP Harbour Master or Dock Master for the Port (as appropriate) or their authorised representative;