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Trade And Industry Committee (African Union)
The Trade and Industry Committee of the African Union's Economic, Social and Cultural Council is established to bridge Africa with the rest of the world, execute the investment and trade policies to boost inter and intra Africa trade, connect with stakeholders, organisations, enterprises to strengthen the economic integration, execute Agenda 2063 Continental Frameworks, provide agile and effective service to key projects (African Continental Free Trade Area), conduct business data analysis regarding the global trading business and its influence, and build Africa as a sustainable and powerful trading and industrial partner in the global arena during 2002, as a part of Africa Union, which was previously known as Organisation of African Unity (1963-1999). The current Commissioner of this department iH.E. Albert Muchangafrom Zambia (since 2017). This department covers the units of trade, industry, customs cooperation, AfCFTA and Mining. It deals with the following: *Trade *Industr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African Union
The African Union (AU) is a continental union consisting of 55 member states located on the continent of Africa. The AU was announced in the Sirte Declaration in Sirte, Libya, on 9 September 1999, calling for the establishment of the African Union. The bloc was founded on 26 May 2001 in Addis Ababa, Ethiopia, and launched on 9 July 2002 in Durban, South Africa. The intention of the AU was to replace the Organisation of African Unity (OAU), established on 25 May 1963 in Addis Ababa by 32 signatory governments; the OAU was disbanded on 9 July 2002. The most important decisions of the AU are made by the Assembly of the African Union, a semi-annual meeting of the heads of state and government of its member states. The AU's secretariat, the African Union Commission, is based in Addis Ababa. The largest city in the AU is Lagos, Nigeria, while the largest urban agglomeration is Cairo, Egypt. The African Union has more than 1.3 billion people and an area of around and includes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic, Social And Cultural Council
The Economic, Social and Cultural Council (ECOSOCC) is an advisory body of the African Union designed to give civil society organizations (CSOs) a voice within the AU institutions and decision-making processes. ECOSOCC is made up of civil society organizations from a wide range of sectors including labour, business and professional groups, service providers and policy think tanks, both from within Africa and the African diaspora. The Interim President of ECOSOCC was Kenyan Nobel Prize winner Prof. Wangari Maathai. In 2008, she was replaced as President by Cameroonian lawyer Akere Muna of the Pan-African Lawyers Union (PALU). Legal framework ECOSOCC is provided for in the African Union Constitutive Act, but does not have its own protocol, relying rather on Statutes approved by the AU Assembly. The ECOSOCC Statutes provide for four main bodies: * A 150-member General Assembly, made up of 144 elected representatives (two from each Member State, ten operating at regional level, ei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organization
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African Continental Free Trade Area
The African Continental Free Trade Area (AfCFTA) is a free trade area encompassing most of Africa. It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, and the largest in population and geographic size, spanning 1.3 billion people across the world's second largest continent. The agreement founding AfCFTA was brokered by the African Union (AU) and signed by 44 of its 55 member states in Kigali, Rwanda on 21 March 2018. The proposal was set to come into force 30 days after ratification by 22 of the signatory states. On 29 April 2019, the Saharawi Republic made the 22nd deposit of instruments of ratification, bringing the agreement into force on May 30; it entered its operational phase following a summit on 7 July 2019, and officially commenced 1 January 2021. AfCFTA's negotiations and implementation are ove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisation Of African Unity
The Organisation of African Unity (OAU; french: Organisation de l'unité africaine, OUA) was an intergovernmental organization established on 25 May 1963 in Addis Ababa, Ethiopia, with 32 signatory governments. One of the main heads for OAU's establishment was Kwame Nkrumah of Ghana. It was disbanded on 9 July 2002 by its last chairman, South African President Thabo Mbeki, and replaced by the African Union (AU). Some of the key aims of the OAU were to encourage political and economic integration among member states, and to eradicate colonialism and neo-colonialism from the African continent. The absence of an armed force like that of the United Nations left the organization with no means to enforce its decisions. It was also not willing to become involved in the internal affairs of member nations prompting some critics to claim the OAU as a forum for rhetoric, not action. Recognizing this, the OAU in September 1999 issued the Declaration, calling for a new body to take its pla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products tend to generate h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handicraft
A handicraft, sometimes more precisely expressed as artisanal handicraft or handmade, is any of a wide variety of types of work where useful and decorative objects are made completely by one’s hand or by using only simple, non-automated related tools like scissors, carving implements, or hooks. It is a traditional main sector of craft making and applies to a wide range of creative and design activities that are related to making things with one's hands and skill, including work with textiles, moldable and rigid materials, paper, plant fibers,clay etc. One of the oldest handicraft is Dhokra; this is a sort of metal casting that has been used in India for over 4,000 years and is still used. In Iranian Baluchistan, women still make red ware hand-made pottery with dotted ornaments, much similar to the 5000-year-old pottery tradition of Kalpurgan, an archaeological site near the village. Usually, the term is applied to traditional techniques of creating items (whether for per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs
Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs has been considered as the fiscal subject that charges customs duties (i.e. tariffs) and other taxes on import and export. In recent decades, the views on the functions of customs have considerably expanded and now covers three basic issues: taxation, security, and trade facilitation. Each country has its own laws and regulations for the import and export of goods into and out of a country, enforced by their respective customs authorities; the import/export of some goods may be restricted or forbidden entirely. A wide range of penalties are faced by those who break these laws. Overview Taxation The traditional function of customs has been the assessment and collection of customs duties, which is a tariff or tax on the importation o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Immigration
Immigration is the international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens. Commuters, tourists, and other short-term stays in a destination country do not fall under the definition of immigration or migration; seasonal labour immigration is sometimes included, however. As for economic effects, research suggests that migration is beneficial both to the receiving and sending countries. Research, with few exceptions, finds that immigration on average has positive economic effects on the native population, but is mixed as to whether low-skilled immigration adversely affects low-skilled natives. Studies show that the elimination of barriers to migration would have profound effects on world GDP, with estimates of gains ranging between 67 and 147 percent for the scenarios in which 37 to 53 percent of the developing countries' workers migrate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hassan Sunmonu
Hassan Adebayo Sunmonu is a Nigerian trade unionist who was president of the Nigerian Labour Congress from 1978 to 1984. He is a former General-Secretary of the Organisation of African Trade Union Unity. Life Sunmonu was born in the village of Akim-Eshiem, Ghana to Nigerian parents. He has an identical twin brother named Hussein, both of whom worked with the Federal Ministry of Works in the 1960s. Sunmonu briefly attended a primary education in Ghana before following his paternal grandmother and mother back to Nigeria where they settled at Osogbo. In Osogbo, he attended Ansar Ud Deen, Osogbo (1948-1950), All Saints School, Osogbo and then Osogbo Grammar School (1955). As a young student, he and his twin met Alake Ladapo Ademola who was then in exile in Osogbo. Ademola later sponsored his trip to Ghana after he quit school due to lack of support in paying the school fees. Sunmonu stayed in Ghana in 1956 before moving back to Nigeria a year later. In 1957 he gained admission into a te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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