Resources

Agoa Treaty

The African Growth and Opportunity Act (AGOA) was signed into law by President Bill Clinton on May 18, 2000 as Title 1 of The Trade and Development Act of 2000. The law offers tangible incentives for African countries to continue their efforts to open their economies and build free markets. Participation in AGOA requires that beneficiary countries commit themselves to the establishment of a market-based economy, the rule of law and policies to reduce poverty. The First U.S.-Sub-Saharan African Trade & Economic Cooperation Forum “No nation in our time has entered the fast track of development without first opening up its economy to world markets. The African Growth and Opportunity Act is a road map for how the United States and Africa can tap the power of markets to improve the lives of our citizens.” Trade.gov/agoa

African Business Roundtable (ABR)
was set up by the African Development Bank Group (ADB) in 1990. The ABR is Africa’s foremost and continent-wide association of businesses and business leaders. It is an independent, non-partisan, non-profit private sector funded organization, committed to fostering African private sector-led economic growth and social development in Africa. At inception it was fully funded by the African Development Bank Group, which also provided it (ABR) an office space at its Head Office in Abidjan Cote D’Ivoire, until 1997 when the Secretariat was relocated to Sandton in Johannesburg South Africa; before being established afterward in Abuja, Nigeria. Abrnetwork.com  
African Development Bank (AfDB)
Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction. The Bank Group achieves this objective by:mobilizing and allocating resources for investment in RMCs; and providing policy advice and technical assistance to support development efforts.In 2015, all multilateral development institutions have agreed on a same set of objectives, called the Sustainable Development Goals. Afdb.org
Economic and Social Council (ECOSOC) of the United Nations (UN)​
Established in 1958 as one of the UN’s five regional commissions, ECA’s mandate is to promote the economic and social development of its member States, foster intra-regional integration, and promote international cooperation for Africa’s development. Made up of 54 member States, and playing a dual role as a regional arm of the UN and as a key component of the African institutional landscape, ECA is well positioned to make unique contributions to address the Continent’s development challenges. Uneca.org
Afreximbank
Was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade. The Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt, commenced operations on 30 September, 1994, following the signature of a Headquarters Agreement with the host Government in August, 1994. It has branch offices in Harare, Abuja and Abidjan and will open an East Africa branch office shortly. Afreximbank.com
African Union (AU)
Is a continental union consisting of 55 member states located on the continent of Africa, with exception of various territories of European possessions located in 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 South Africa.[7] The intention of the AU is to replace the Organization of African Unity (OAU), established on 25 May 1963 in Addis Ababa by 32 signatory governments. 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. Au.int
Arab Maghreb Union (AMU)
Arabic: اتحاد المغرب العربي‎ Ittiḥād al-Maghrib al-‘Arabī) is a trade agreement aiming for economic and future political unity among Arab countries of 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. Maghrebarabe.org
Eastern and Southern African Trade and Development Bank (TDB)
Established in 1985, formerly the PTA Bank, is a multilateral, treaty-based development financial institution, with assets of over US$ 5.6 billion. The Bank’s mandate is to finance and foster trade, regional economic integration and sustainable development, through trade finance, project and infrastructure finance, asset management and business advisory services. Tdbgroup.org
Economic Community of West African States (ECOWAS)
 Established on May 28 1975 via the treaty of Lagos, ECOWAS is a 15-member regional group with a mandate of promoting economic integration in all fields of activity of the constituting countries. Member countries making up ECOWAS are Benin, Burkina Faso, Cape Verde, Cote d’ Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Sierra Leone, Senegal and Togo. Considered one of the pillars of the African Economic Community, ECOWAS was set up to foster the ideal of collective self-sufficiency for its member states. Ecowas.int
ECOWAS Bank for Investment and Development (EBID)
Is the financial arm of the Economic Community of West African States (ECOWAS) comprising fifteen (15) Member States namely, Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. EBID emerged as a banking group (the EBID Group) after the transformation of the erstwhile Fund for Cooperation, Compensation and Development of the  Economic Community of West African States (ECOWAS Fund) in 1999. Bidc-ebid.org
World Sustainable Development Goals Organization
End poverty in all it’s forms everywhere, end hunger. Conserve and sustainably use the oceans, seas, and marine resources for sustainable development. Achieve gender equality and empower all women and girls. Make cities and human settlements inclusive, safe, resilient and sustainable. Wsdgso.org
Southern African Development Community (SADC)
Mission Statement is to promote sustainable and equitable economic growth and socio-economic development through efficient, productive systems, deeper co-operation and integration, good governance, and durable peace and security; so that the region emerges as a competitive and effective player in international relations and the world economy. Sadc.int
East African Community (EAC)
is a regional intergovernmental organization of 6 Partner States: the Republics of Burundi, Kenya, Rwanda, South Sudan, the United Republic of Tanzania, and the Republic of Uganda, with its headquarters in Arusha, Tanzania. The EAC is home to 172 million citizens, of which over 22% is urban population. With a land area of 2.5 million square kilometers and a combined Gross Domestic Product of US$ 172 billion (EAC Statistics for 2017), its realization bears great strategic and geopolitical significance and prospects for the renewed and reinvigorated EAC. Eac.int
Common Market for Eastern and Southern Africa (COMESA)
Is a free trade area 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, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), with Rwanda and Burundi joining the FTA in 2004, the Comoros and Libya in 2006, Seychelles in 2009 and Tunisia and Somalia in 2018. COMESA is one of the pillars of the African Economic Community. Comesa.int

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