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The East African Federation ( Swahili: Shirikisho la Afrika Mashariki) is a proposed political union of the eight sovereign states of the East African Community in the African Great Lakes region – Burundi, the Democratic Republic of the Congo, Kenya, Rwanda, South Sudan, Tanzania, Somalia and Uganda – as a single federated sovereign state. [6]
The purpose of the organization is to facilitate trade between Countries of Africa with the Countries of the world and to maintain a framework for production of cocoa beans. Member Countries African Organization for Standardization Map. The 42 members of African Organization for Standardization are: Algeria Botswana Benin
The "Committee on Fast Tracking East African Federation" was created in 2004, a result of longstanding pressure by President Museveni for further integration. It recommended creating a federation with a single elected president by 2013. National committee in the then-five members to study the issue operated from 2007 to 2009.
A standards organization, standards body, standards developing organization ( SDO ), or standards setting organization ( SSO) is an organization whose primary function is developing, coordinating, promulgating, revising, amending, reissuing, interpreting, or otherwise contributing to the usefulness of technical standards [1] to those who employ ...
20th EAC Ordinary summitThe 20th Ordinary summit of Heads of State of The East African Community. The 20th EAC Ordinary summit was held on 1 February 2019 in Arusha, Tanzania. [1] The summit was rescheduled twice from November 2018 and December 2018 due to the absence of Burundi. [2] The focus of the summit was to arrive on a conclusion for the ...
The Common Market for Eastern and Southern Africa ( COMESA) is a regional economic community in Africa with twenty-one member states stretching from Tunisia to Eswatini. COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Nine of the member states formed a free trade area in 2000 ( Djibouti ...
Accounting standards are based on French GAAP for the private sector, IFRS and IPSAS. Standards are issued by the Conseil de normalisation des comptes publics (Advisory council on public sector accounting standards). Gambia – In the process of adopting the cash basis IPSAS, will then move to adopt accrual basis IPSAS.
Basel III is an international regulatory framework for banks, developed by the Basel Committee on Banking Supervision (BCBS) in response to the financial crisis of 2007-08. It contains various rules on capital and liquidity requirements for banks. The 2017 reforms complement the initial Basel III. This set of rules was adopted on 7 December ...