There are two African currency unions associated with multinational central banks; the West African Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des Etats de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender.
Below is a list of the central banks and currencies of Africa.
| Country | Currency | Central bank |
|---|---|---|
| Benin Burkina Faso Ivory Coast Guinea-Bissau Mali Niger Senegal Togo |
West African CFA franc | Central Bank of West African States |
| Cameroon Central African Republic Chad Republic of the Congo Equatorial Guinea Gabon |
Central African CFA franc | Bank of Central African States |
| Algeria | Algerian dinar | Bank of Algeria |
| Angola | Angolan kwanza | Banco Nacional de Angola |
| Botswana | Botswana pula | Bank of Botswana |
| Burundi | Burundian franc | Bank of the Republic of Burundi |
| Cape Verde | Cape Verdean escudo | Bank of Cape Verde |
| Comoros | Comorian franc | Central Bank of the Comoros |
| Democratic Republic of the Congo | Congolese franc | Central Bank of the Congo |
| Djibouti | Djiboutian franc | Central Bank of Djibouti |
| Egypt | Egyptian pound | Central Bank of Egypt |
| Eritrea | Eritrean nakfa | Bank of Eritrea |
| Ethiopia | Ethiopian birr | National Bank of Ethiopia |
| Gambia | Gambian dalasi | Central Bank of The Gambia |
| Ghana | Ghanaian cedi | Bank of Ghana |
| Guinea | Guinean franc | Central Bank of the Republic of Guinea |
| Kenya | Kenyan shilling | Central Bank of Kenya |
| Lesotho | Lesotho loti | Central Bank of Lesotho |
| Liberia | Liberian dollar | Central Bank of Liberia |
| Libya | Libyan dinar | Central Bank of Libya |
| Madagascar | Malagasy ariary | Central Bank of Madagascar |
| Malawi | Malawian kwacha | Reserve Bank of Malawi |
| Mauritania | Mauritanian ouguiya | Central Bank of Mauritania |
| Mauritius | Mauritian rupee | Bank of Mauritius |
| Morocco Western Sahara |
Moroccan dirham | Bank Al-Maghrib |
| Mozambique | Mozambican metical | Bank of Mozambique |
| Namibia | Namibian dollar | Bank of Namibia |
| Nigeria | Nigerian naira | Central Bank of Nigeria |
| Rwanda | Rwandan franc | National Bank of Rwanda |
| São Tomé and Príncipe | São Tomé and Príncipe dobra | National Bank of São Tomé and Príncipe |
| Seychelles | Seychellois rupee | Central Bank of Seychelles |
| Sierra Leone | Sierra Leonean leone | Bank of Sierra Leone |
| Somalia | Somali shilling | Central Bank of Somalia |
| South Africa | South African rand | South African Reserve Bank |
| South Sudan | South Sudanese pound | Bank of South Sudan |
| Sudan | Sudanese pound | Bank of Sudan |
| Swaziland | Swazi lilangeni | Central Bank of Swaziland |
| Tanzania | Tanzanian shilling | Bank of Tanzania |
| Tunisia | Tunisian dinar | Central Bank of Tunisia |
| Uganda | Ugandan shilling | Bank of Uganda |
| Zambia | Zambian kwacha | Bank of Zambia |
| Zimbabwe | Zimbabwean dollar | Reserve Bank of Zimbabwe |
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