In the spirit of partnership and common interest, Banca d'Italia, along with the Central Banks of Belgium, France, Germany, Lithuania, Portugal, Slovakia and Spain and the European Central Bank, is making its expertise available for the pilot project aimed at enhancing the ESCB dialogue on financial stability, resilience and governance with the Central Banks of Angola, Egypt, Ghana, Kenya, Morocco, Mozambique, Namibia, South Africa, Tanzania, Tunisia, West African States (BCEAO) and Central African States (BEAC).
The project will be carried out in Europe and Africa for two years. It is aligned with the 2020 EU Communication 'Towards a Comprehensive Strategy with Africa' and with the new Africa-Europe Alliance for Sustainable Investment and Jobs. It mainly addresses the Sustainable Development Goal (SDG) on decent work and economic growth by ensuring that African central banks can deliver effective monetary policy, which is pivotal for macro-economic stability and economic growth.
