Regional Economic Communities Regional Economic Communities These goals should be achieved through the creating of a African Economic Community (AEC). Currently contacts are made with the different trade blocs on the African continent - they will form the 'pillars' of AEC. Currently there are multiple Regional blocs (Regional Economic Communities - RECs) and their membership is overlapping. The most active of them are: ...more on Wikipedia about "African Economic Community"
The Common Market for Eastern and Southern Africa, is a free trade area with twenty one member states stretching from Libya to Zimbabwe. COMESA formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. ...more on Wikipedia about "Common Market for Eastern and Southern Africa"
The Customs and Economic Union of Central Africa (or UDEAC from its name in French, Union Douaniere et Économique de l’Afrique Centrale), established by the Brazzaville Treaty in 1966, formed a customs union with free trade area between members and a common external tariff for imports from other countries. UDEAC signed a treaty for the establishment of a Economic and Monetary Community of Central Africa (CEMAC) to promote the entire process of sub-regional integration trough the forming of monetary union with the Central Africa CFA franc as a common currency; it was officially superseded by CEMAC in June 1999 (trough agreement from 1994). ...more on Wikipedia about "Customs and Economic Union of Central Africa"
The East African Community (EAC) is a customs union in East Africa, consisting of Kenya, Uganda and Tanzania. It was founded in January 2001 at a ceremony held in the Tanzanian city of Arusha, which is also its headquarters, reviving an earlier effort abandoned in 1977. This new EAC treaty paved the way for an economic and, ultimately, political union of the three countries. A further treaty signed in March 2004 set up a customs union, which commenced on 1 January 2005. Under the terms of the treaty, Kenya, the richest of the three countries, will pay duty on its goods entering Uganda and Tanzania until 2010. A common system of tariffs will apply to other countries supplying the three countries with goods. ...more on Wikipedia about "East African Community"
The Economic and Monetary Community of Central Africa (or CEMAC from its name in French, Communauté Économique et Monétaire de l'Afrique Centrale) is an organization of states of Central Africa established to promote economic integration among countries that share a common currency, the CFA franc. ...more on Wikipedia about "Economic and Monetary Community of Central Africa"
The Economic Community of Central African States (ECCAS), in French Communauté Économique des États d'Afrique Centrale (CEEAC), is a organisation 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". ...more on Wikipedia about "Economic Community of Central African States"
The CEPGL is an International Governmental Organization. ...more on Wikipedia about "Economic Community of the Great Lakes Countries"
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The Economic Community of West African States (ECOWAS) is a regional group of fifteen countries, founded on May 28, 1975 when fifteen West African countries signed the Treaty of Lagos. Its mission is to promote economic integration. ...more on Wikipedia about "Economic Community of West African States"
The Intergovernmental Authority on Development (IGAD) is a seven-country regional development organization in Eastern Africa. Its headquarters are located in Djibouti, Djibouti. IGAD is one of the pillars of the African Economic Community. ...more on Wikipedia about "Intergovernmental Authority on Development"
The Liptako-Gourma Authority is an regional organization seeking to develop the contiguous areas of Mali, Burkina Faso, and Niger. ...more on Wikipedia about "Liptako-Gourma Authority"
The Southern African Customs Union has five members: ...more on Wikipedia about "Southern African Customs Union"
The Southern African Development Community is an organization that aims to promote Southern African regional cooperation in economic development. ...more on Wikipedia about "Southern African Development Community"
The West African Economic and Monetary Union (or UEMOA from its name in French, Union économique et monétaire ouest-africaine) is an organization of states of West Africa established to promote economic integration among countries that share a common currency, the CFA franc. ...more on Wikipedia about "West African Economic and Monetary Union"
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