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Story summary
- Ghana's President John Dramani Mahama urged urgent financial reforms.
- He called for the African Monetary Institute (AMI) to advance monetary integration and for member states to allocate resources for its operations.
- He urged ratification of the African Investment Bank and refinement of the Alliance of African Multilateral Finance Institutions (AAMFI).
- AU Commissioner Francisca Tatchouop Belobe said African financial institutions must become active market makers to maximize development gains.
