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The African Union has joined the G20 – what does it mean? | World . . . The African Union (AU) has been made a permanent member of the G20, in a move that has been broadly welcomed for giving the continent an important voice on key global issues The AU, which was previously an “ invited international organization ”, was granted full member status at the G20’s summit in Delhi, India at the start of September
The African Union is on a mission to transform the continent by 2063 . . . According to the African Export-Import Bank, free trade in Africa was worth $180 billion in 2016, less than a fifth of the total $930 billion of trade on the continent By way of comparison, free trade in Europe accounts for nearly two-thirds of all trade It is hoped the CFTA will boost free trade levels by a third by 2021 What does it do?
Africa is harnessing technology to leapfrog towards growth The African region stands at the heart of this transformation, serving as a testing ground for innovative green growth guided by the African Union’s Digital Transformation Strategy (2020–2030) Projections show Sub-Saharan Africa's economic growth at 3 5% in 2025 and 4 3% from 2026 to 2027 Integration into global value chains, however, remains below 15% of GDP, a critical bottleneck
How Africas social economy is shaping its development In a landmark move, African Union Heads of State adopted the continent’s first 10-Year Strategy on the Social and Solidarity Economy As aid declines and fiscal space tightens, social enterprises across Africa are already filling critical gaps – creating jobs, improving services and driving inclusive growth in underserved communities
How African Union can boost youth representation in leadership roles The African Union's role The AU is positioned to champion the agenda for each African government to guarantee that at least 10% of their cabinets at national and sub-national levels are youths, including young women This agreement can take the form of a treaty or policy on youth representation at decision-making levels
Connecting Countries and Cities for Regional Value Chain Integration . . . On 1 January 2021, the African Union launched the African Continental Free Trade Area (AfCFTA) This Regional Action Group for Africa report is part of a series investigating five priority pathways to drive economic recovery and build resilience in the context of the AfCFTA Agreement It explores two priorities: first, unlocking manufacturing to mitigate global supply-chain risks; and second