Institutions of the African Union: African Union Commission, Banks of the African Union, Economic, Social and Cultural Council

Institutions of the African Union: African Union Commission, Banks of the African Union, Economic, Social and Cultural Council

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About the Book
Editorial Reviews - Institutions of the African Union From the Publisher Chapters: African Investment Bank, Assembly of the African Union, African Committee of Experts on the Rights and Welfare of the Child, African Court of Justice, African Monetary Fund. Excerpt: This article is part of the series:Politics and government ofthe African Union The African Investment Bank (AIB) is one of three financial institutions of the African Union (AU) along with the African Monetary Fund and the African Central Bank. It will be headquartered in Tripoli, Libya and is scheduled to begin operations in April 2007. The Lome Summit (2000) adopted the Constitutive Act of the African Union, which specifies the objectives, principles, and organs of the AU. Twenty-seven African countries signed the act, which provided for establishing a wide variety of institutions, including the Pan-African Parliament; Court of Justice; African Central Bank; African Monetary Fund; and African Investment Bank. In 2005, the AU held a meeting of independent experts in Addis Ababa, Ethiopia, to consider concept papers and draft Protocols prepared by the African Union Commission (AUC) regarding the three institutions. The AU also determined seats for the financial institutions, the African Central Bank (Nigeria), the African Investment Bank (Libya), and the African Monetary Fund (Central Africa). On November 21, 2006, the AUC held a meeting in Yaounde, Cameroon, to outline the implementation of the three African Financial Institutions as per Article 19 of the Constitutive Act. The AIB's mandate was invisioned to aid in fostering economic growth and accelerating economic integration in Africa in line with the AU's Strategic Plan. Article 17 of the Agreement further established that AIB's method of banking operations will be conducted in accordance with the followin... More: http://booksllc.net/?id=2710863 Synopsis Chapters: African Investment Bank, Assembly of the African Union,
Book Details
ISBN-13: 9781157856252
Publisher: Books LLC
Binding: Paperback
Language: English
Returnable: N
Spine Width: 8 mm
Width: 150 mm
ISBN-10: 115785625X
Publisher Date: 15 Sep 2010
Height: 226 mm
No of Pages: 138
Series Title: English
Weight: 213.38 gr
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