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  1. 14 Σεπ 2023 · Listen to the article. The African Union (AU) has been made a permanent member of the G20, in a move that has been broadly welcomed for giving the continent an important voice on key global issues. The G20 represents around 85% of global GDP and 75% of global trade, as well as two-thirds of the world’s population, prior to the AU joining.

  2. 9 Οκτ 2023 · The African Union plans to create a new sovereign credit rating agency that it says could provide more accurate risk assessments for governments across the continent. The proposal for the new agency, the African Credit Rating Agency (ACRA), was outlined in a recent report by the United Nations Economic Commission for Africa, which claimed that ...

  3. 6 Σεπ 2019 · The African Union gave assurances this would happen: “We have got a very aggressive programme of trade facilitation, so that we minimize the number of documents that have to be signed for goods and services across borders,” said Albert Mudenda Muchanga, Commissioner for Trade and Industry at the African Union Commission.

  4. 6 Μαρ 2023 · The African Union is best-placed to ensure national governments commit to youth representation. The lack of adequate political participation for African youth threatens the fabric of civil society. African youths make up about 60% of the continent’s population, and by 2030, they are expected to make up 42% of the world’s youth population.

  5. 5 Μαΐ 2017 · Just like the European Commission, the Commission of the African Union is the AU’s administrative and executive branch. Image: REUTERS/Tiksa Negeri - RTX30YYC Based in Addis Ababa, Ethiopia, the Commission is responsible for developing continent-wide policies in areas such as security, trade and social affairs, and every 10-year plan in the run-up to 2063.

  6. 22 Μαρ 2023 · The African Union aims to build a secured single digital market across the continent by 2030. It believes that improving digital and physical connections by eliminating barriers like broadband coverage gaps and digital illiteracy will allow businesses to reach bigger markets and create jobs. Billions in public-sector investment is needed to ...

  7. 12 Ιουλ 2023 · While domestic political volatility and uncertainty continues to cloud the outlook, there have been some improvements in governance and democratic reforms. In the coming decades, Africa will become a pivotal player in international affairs. A confluence of the continent’s abundance of strategic resources, favourable demographics and ...

  8. 9 Φεβ 2021 · The AfCFTA highlights the significant and increasing commitment of the African Union to reducing poverty through trade – a link that is increasingly recognized. As Ngozi Okonjo-Iweala , candidate for the WTO Director General, recently stated: “Trade is a force for good, and properly harnessed can help lift millions out of poverty and bring shared prosperity.”

  9. 13 Απρ 2022 · SDG 01: No Poverty. Extreme poverty in Africa has only edged down in recent decades. It affected 46 percent of the population in 1996-2005 and is projected to impact 35 percent in 2016-2025, the African Union Development Agency says. However, there is expected to be huge progress to just 1.7 percent in the next 40 years.

  10. 21 Οκτ 2019 · Simplice Asongu. The 15 countries of the Economic Community of West African States have agreed to adopt, as of next year, a new shared currency, the “ECO.”. But, as the eurozone’s experience has shown, currency unions can be unwieldy. Creating a successful one will require the ECOWAS countries to overcome serious challenges.

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