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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 ...
Regional Economic Communities. The Regional Economic Communities (RECs) in Africa group together individual countries in subregions for the purposes of achieving greater economic integration. They are described as the "building blocks" of the African Union ( AU) and are also central to the strategy for implementing the New Partnership for ...
COMESA was established in 1994 as a replacement for the Preferential Trade Area. It includes 20 nations, with a combined GDP of US$286.7bn in 2006. Among its members are Zimbabwe, Zambia, Uganda and Sudan. The EAC, the smallest of the member trade blocks in terms of GDP, had a GDP of US$46.6bn in 2006. Member states
On June 10, 2015 the deal was signed in Egypt by the countries shown below (pending ratification by national parliaments). On June 15, 2015 at the 25th African Union Summit in Johannesburg , South Africa , negotiations were launched to create an African Continental Free Trade Area (CFTA) by 2017 with, it was hoped, all 54 African Union states ...
The African Economic Community (AEC) is an organization of African Union states establishing grounds for mutual economic development among the majority of African states. The stated goals of the organization include the creation of free trade areas, customs unions, a single market, a central bank, and a common currency (see African Monetary Union) thus establishing an economic and monetary union.
The Economic and Monetary Community of Central Africa (or CEMAC from its name in French: Communauté Économique et Monétaire de l'Afrique Centrale, in Spanish: Comunidad Económica y Monetaria de África Central, and in Portuguese: Comunidade Económica e Monetária da África Central) is an organization of states of Central Africa established by Cameroon, Central African Republic, Chad ...
Island states are also members of the AU, but not the offshore islands that are integral parts of the transcontinental countries of France, Italy, Portugal, Spain, United Kingdom and Yemen. The 55 member states are grouped into five regions. The African Union is composed of fifty-two republics and three monarchies. The total population of the ...
The Organisation of African, Caribbean and Pacific States ( OACPS, French: Organisation des États d'Afrique, des Caraïbes et du Pacifique) is a group of countries in Africa, the Caribbean, and the Pacific that was created by the Georgetown Agreement in 1975. Formerly known as African, Caribbean and Pacific Group of States ( ACP ), the ...