The governor of the Central Bank of West African States (BCEAO) focuses his efforts on “serving the region’s economies” and is unmoved by controversy. In the first part of our series on the governors running the Central Banks of Africa during a time of crisis, we take a look at Tiémoko Meyliet Koné.
Facing off against oil lobbies and unhappy finance ministers, this central banker for a group of countries in Central Africa has many challenges ahead. In the third part of our series on the governors running central banks, we take a look at Abbas Mahamat Tolli, the governor of the Bank of Central African States (BCAS).
The governor of the Moroccan central bank, Bank Al-Maghrib, weathered the turmoil of the 1980s. This experience and his longevity are assets when it comes to addressing the COVID-19 crisis as we find out in this fifth part of our series.
Due to the COVID-19 pandemic and sharp fall in crude oil prices, economies around the world slowed down, with recessions expected almost everywhere. The year 2020 has been unprecedented. In the fourth part of our series on the Central Banks of Africa, we look at the lack of planning on the part of the Central Bank of Nigeria and the federal government.