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Lumi (currency)
The African Kingdoms LUMI was established as legal tender within the 2014 Bank Act of Accompong and issued to the public by the Central Solar Reserve Bank of Accompong as the currency of the Sovereign Maroon State of Accompong with its physical bank notes printed in Canada. The LUMI was created by the then Minister of Finance and Founding Governor of the Bank of Accompong, H.H. Chief Timothy McPherson, who is a global financial engineer that hails from the Maroon territory of Queen Nanny of the Maroons on the Island of Jamaica. Although the first AKL Lumi were printed in 2016 for use within Accompong, since 2020 the LUMI has been adopted as the official currency by numerous governmental bodies, including: the Economic Community of the States, Nations, Territories and Realms of the African Diaspora 6th Region (ECO-6), the State of the African Diaspora, the African Kingdoms Federation, the United Kingdoms of Africa, and the African Diaspora Central Bank. Underwritten by solar en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Community Of West African States
The Economic Community of West African States (ECOWAS; also known as in French and Portuguese) is a regional political union, political and economic union of fifteen countries located in West Africa. Collectively, these countries comprise an area of , and in 2015 had an estimated population of over 349 million. Considered one of the pillar trade bloc, regional blocs of the continent-wide African Economic Community (AEC), the stated goal of ECOWAS is to achieve "collective self-sustainability, self-sufficiency" for its member states by creating a single large trade bloc by building a full economic and trading union. The union was established on 28 May 1975, with the signing of the Treaty of Lagos, with its stated mission to promote economic integration across the region. A revised version of the treaty was agreed and signed on 24 July 1993 in Cotonou. The ECOWAS also serves as a peacekeeping force in the region, with member states occasionally sending joint military forces to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Commonwealth Of Nations Countries By GDP , a list using purchasing power parity to derive GDP estimates
{{DEFAULTSORT:Commonwealth of Nations countries by GDP ...
List of Commonwealth of Nations countries by GDP may refer to: *List of Commonwealth of Nations countries by GDP (nominal), a list using the current exchange rates for national currencies *List of Commonwealth of Nations countries by GDP (PPP) This is a list of Commonwealth of Nations countries by gross domestic product (GDP) at purchasing power parity (PPP). Gross domestic product is the value of all final goods and services produced within a nation in a given year. The GDP dollar es ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arab Maghreb Union
The Arab Maghreb Union (AMU) or simply the Maghreb Union (MU) ( ar, اتحاد المغرب العربي ', french: Union du Maghreb Arabe) is a political union and economic union trade agreement aiming for economic and future political unity among Arab countries States that are located primarily in the Maghreb in North Africa. Its members are the nations of Algeria, Libya, Mauritania, Morocco and Tunisia. The Union has been unable to achieve tangible progress on its goals due to deep economic and political disagreements between Morocco and Algeria regarding, among others, the issue of Western Sahara. No high level meetings have taken place since 3 July 2008, and commentators regard the Union as largely dormant. Creation The idea for an economic union of the Maghreb began with the independence of Tunisia and Morocco in 1956. It was not until thirty years later, though, that five Maghreb states—Algeria, Libya, Mauritania, Morocco, and Tunisia—met for the first Maghreb summit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Arab Economic Unity
The Council of Arab Economic Unity (CAEU) (Arabic: ) was founded by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on May 30, 1964, following an agreement in 1957 by the Economic Council of the Arab League. Objectives According to The Economic Unity Agreement approved on June 3, 1957, the Council of Arab Economic Unity desires to "Organize and consolidate economic relations among the States of the Arab League on bases that are consistent with the natural and historical links among them; and to provide the best conditions for flourishing their economies, developing their resources and ensuring the prosperity of their countries." The bases of economic relations between states in the Council of Arab Economic Unity are outlined in Chapter 1, Articles 1 and 2 of The Economic Unity Agreement: Article 1 Article 1 delineates each member state's rights to: # Personal and capital mobility # Free exchange of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central African CFA Franc
The Central African CFA franc ( French: ''franc CFA'' or simply ''franc''; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. These six countries have a combined population of 55.2 million people (as of 2020), and a combined GDP of US$113.322 billion (as of 2020). CFA stands for ''Coopération financière en Afrique centrale'' ("Financial Cooperation in Central Africa"). It is issued by the Bank of Central African States (BEAC; ''Banque des États de l'Afrique Centrale''), located in Yaoundé, Cameroon, for the members of the Economic and Monetary Community of Central Africa (CEMAC; ''Communauté Économique et Monétaire de l'Afrique Centrale''). The franc is nominally subdivided into 100 ''centimes'' but no centime denominations have been issued. In several west African states, the West African CFA franc, which is of equal value ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Community Of Central African States
The Economic Community of Central African States (ECCAS; french: Communauté Économique des États de l'Afrique Centrale, CEEAC; es, Comunidad Económica de los Estados de África Central, CEEAC; pt, Comunidade Económica dos Estados da África Central, CEEAC) is an Economic Community of the African Union for promotion of regional economic co-operation in Central Africa. It "aims to achieve collective autonomy, raise the standard of living of its populations and maintain economic stability through harmonious cooperation". History Customs and Economic Union of Central Africa The Customs and Economic Union of Central Africa (or UDEAC from its name in French, ), (in Spanish: , UAEAC), (in Portuguese: , UAEAC), established by the Brazzaville Treaty in 1964, formed a customs union with free trade between members and a common external tariff for imports from other countries. The treaty became effective in 1966 after it was ratified by the then five member countries—Cameroon, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African Central Bank
The African Central Bank (ACB) is one of the original five financial institutions and specialized agencies of the African Union. Over time, it will take over responsibilities of the African Monetary Fund. Its proposed headquarter is in Abuja (Nigeria). When it is fully implemented, the ACB will be the sole issuer of the African single currency (the "afro" or "afriq"), it will become the banker of the African Government, it will be the banker to Africa's private and public banking institutions, it will regulate and supervise the African banking industry, and it will set the official interest and exchange rates; all in conjunction with the African Government's administration. See also * Abuja Treaty * European Central Bank * Economic Community of West African States (ECOWAS) * Euro * African Monetary Union * Central African CFA franc * The Common Monetary Area * Eco (currency) * Monetary union A currency union (also known as monetary union) is an intergovernmental agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African Monetary Union
The African Monetary Union (AMU) is the proposed creation of an economic and monetary union for the countries of the African Union, administered by the African Central Bank. Such a union would call for the creation of a new unified currency, similar to the euro; the hypothetical currency is sometimes referred to as the afro or afriq. The Abuja Treaty, an international agreement signed on June 3, 1991, in Abuja, Nigeria, created the African Economic Community, and called for an African Central Bank to follow by 2028. , the plan is to establish an African Economic Community with a single currency by 2023. Regional currency unions There are two existing regional currency unions in Africa, using the West African CFA franc, and the Central African CFA franc, respectively. Additionally, the Common Monetary Area links several countries in Southern Africa based on the South African rand. The African Union's plans for further integration encourage the development of more such regional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commonwealth Banknote-issuing Institutions
Commonwealth banknote-issuing institutions also British Empire Paper Currency Issuers comprises a list of public, private, state-owned banks and other government bodies and Currency Boards who issued legal tender: banknotes. Africa Biafra *Bank of Biafra Botswana *Bank of Botswana British Kaffraria * British Kaffrarian Bank * Kaffrarian Colonial Bank British West Africa * West African Currency Board Bulawayo * Bulawayo Administrator's Office Cape of Good Hope *African Banking Corporation * Agricultural Bank of Queenstown *The Bank of Africa Limited * Bank of South Africa * Beaufort Bank * Cape Commercial Bank * Cape of Good Hope Bank (First) * Cape of Good Hope Bank (Second) *Colesberg Bank *Commercial Bank of Port Elizabeth *Fort Beaufort and Victoria Bank *Frontier Commercial and Agricultural Bank * George Divisional Bank * Graaf Reinet Bank *London and South African Bank *Malmesbury Agricultural and Commercial Bank *Montagu Bank *The National Bank of South Africa Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
