BoE to provide ‘tailored’ assistance to African counterparts
UK central bank will share expertise with counterparts in South Africa, Sierra Leone and Ghana
The Bank of England is to provide £2 million ($2.8 million) in “tailored” technical assistance to its counterparts in Ghana, Sierra Leone and South Africa, as part of a larger UK initiative to strengthen its ties with Africa.
“In our increasingly interconnected global financial system, co-operation between central banks is critical to providing the financial stability on which all our citizens rely,” says the BoE’s chief operating officer, Joanna Place.
The initiative, which will look to
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