The Governor of the Central Bank of Congo (BCC), Malangu Kabedi Mbuyi succeeds the Governor of the National Bank of Rwanda, John Rxangombwa. It thus takes the reins of the association of African central banks.

Malangu Kabedi Mbuyi has been appointed president of the Association of African Central Banks (ABCA). This is one of the major decisions of the 43rd meeting of this association of money-issuing institutions, held on Friday August 20 by videoconference. The new president of the AACB has included her action in that of the founding fathers of the African Union, which consists in advancing the 2063 agenda. It is a question of building a strong and competitive Africa on an international scale with prospect of the operationalization of the African Central Bank, whose headquarters will be in Lagos. This monetary integration institution will aim to develop a common monetary policy and a single African currency with a view to accelerating integration; the same is true for the African Monetary Fund, which will be based in Yaoundé (Cameroon). Central banks play a key role in the development of local bond markets. The expansion of local currency bond markets is critical to Africa's financial development and resilience to shocks.