REGION F – AFRICA

REGION F

The Official Story

CENTRAL BANKS

A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or formal monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks.

Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists.

Spread around the world

Central banks were established in many European countries during the 19th century. Napoleon created the Banque de France in 1800, in an attempt to improve the financing of his wars. On the continent of Europe, the Bank of France remained the most important central bank throughout the 19th century. The Bank of Finland was founded in 1812, soon after Finland had been taken over from Sweden by Russia to become its grand duchy. A central banking role was played by a small group of powerful family banking houses, typified by the House of Rothschild, with branches in major cities across Europe, as well as the Hottinguer family in Switzerland and the Oppenheim family in Germany.

Although central banks today are generally associated with fiat money, the 19th and early 20th centuries central banks in most of Europe and Japan developed under the international gold standard. Free banking or currency boards were common at this time. Problems with collapses of banks during downturns, however, led to wider support for central banks in those nations which did not as yet possess them, most notably in Australia.

Australia established its first central bank in 1920, Peru in 1922, Colombia in 1923, Mexico and Chile in 1925 and Canada, India and New Zealand in the aftermath of the Great Depression in 1934. By 1935, the only significant independent nation that did not possess a central bank was Brazil, which subsequently developed a precursor thereto in 1945 and the present Central Bank of Brazil twenty years later. After gaining independence, African and Asian countries also established central banks or monetary unions. The Reserve Bank of India, which had been established during British colonial rule as a private company, was nationalized in 1949 following India’s independence.

The People’s Bank of China evolved its role as a central bank starting in about 1979 with the introduction of market reforms, which accelerated in 1989 when the country adopted a generally capitalist approach to its export economy. Evolving further partly in response to the European Central Bank, the People’s Bank of China had by 2000 become a modern central bank. The most recent bank model was introduced together with the euro, and involves coordination of the European national banks, which continue to manage their respective economies separately in all respects other than currency exchange and base interest rates.

Source: Wikipedia

ROTHSCHILD OWNED & CONTROLLED
CENTRAL BANKS:

REGION F – AFRICA:

Country	Est. Population (2022)
ALGERIA: Bank of Algeria	44.9 million
BENIN: Central Bank of West African States (BCEAO)	13.3 million
BOTSWANA: Bank of Botswana	2.6 million
BURKINA FASO: Central Bank of West African States (BCEAO)	22.6 million
BURUNDI: Bank of the Republic of Burundi	12.8 million
CAMEROON: Bank of Central African States	27.9 million
CENTRAL AFRICAN REPUBLIC: Bank of Central African States	5.5 million
CHAD: Bank of Central African States	17.7 million
COMOROS: Central Bank of Comoros	0.8 million
CONGO: Bank of Central African States	5.9 million
COTE D’IVOIRE: Central Bank of West African States (BCEAO)	28.1 million
EQUATORIAL GUINEA: Bank of Central African States	1.6 million
ETHIOPIA: National Bank of Ethiopia	123.4 million
GABON: Bank of Central African States	2.3 million
THE GAMBIA: Central Bank of The Gambia	2.7 million
GHANA: Bank of Ghana	33.4 million
GUINEA BISSAU: Central Bank of West African States (BCEAO)	2.1 million
KENYA: Central Bank of Kenya	54.0 million
LESOTHO: Central Bank of Lesotho	2.3 million
LIBYA: Central Bank of Libya	6.8 million
MADAGASCAR: Central Bank of Madagascar	29.6 million
MALAWI: Reserve Bank of Malawi	20.4 million
MALI: Central Bank of West African States (BCEAO)	22.6 million
MAURITIUS: Bank of Mauritius	1.2 million
MOROCCO: Bank of Morocco	37.4 million
MOZAMBIQUE: Bank of Mozambique	32.9 million
NAMIBIA: Bank of Namibia	2.5 million
NIGER: Central Bank of West African States (BCEAO)	26.2 million
NIGERIA: Central Bank of Nigeria	218.6 million
RWANDA: National Bank of Rwanda	13.7 million
SENEGAL: Central Bank of West African States (BCEAO)	17.3 million
SEYCHELLES: Central Bank of Seychelles	0.1 million
SIERRA LEONE: Bank of Sierra Leone	8.6 million
SOUTH AFRICA: South African Reserve Bank	59.8 million
SUDAN: Bank of Sudan	46.8 million
SWAZILAND: The Central Bank of Swaziland	1.2 million
TANZANIA: Bank of Tanzania	65.5 million
TOGO: Central Bank of West African States (BCEAO)	8.8 million
TUNISIA: Central Bank of Tunisia	12.3 million
UGANDA: Bank of Uganda	47.2 million
ZAMBIA: Bank of Zambia	20.0 million
ZIMBABWE: Reserve Bank of Zimbabwe	16.3 million
TOTAL POPULATION:	1.1 billion