6. Despite these daunting challenges, most African Central Banks recorded relative success in keeping inflation within a tolerable threshold, which could be attributed to effective and proactive monetary policy stance. 7. However, there is still room for improvement, especially, in the achievement of the primary convergence criteria for sub-regional integration.
In this regard, all member countries are advised to strive to meet their respective sub-regional convergence criteria, which is a precursor to African Monetary Cooperation and adoption of Single Currency. 8.