Financial Institutions of the African Union | Wikipedia audio article
Channel: wikipedia tts
Date: 10/11/2018

This is an audio version of the Wikipedia Article:
Financial Institutions of the African Union

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SUMMARY
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The African Union (AU) is a continental union consisting of all 55 countries on the continent of Africa, except for territories of European countries located in Africa. It was established on 26 May 2001 in Addis Ababa, Ethiopia and launched on 9 July 2002 in South Africa with the aim of replacing the Organisation of African Unity (OAU), established on 25 May 1963 in Addis Ababa with 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. The AU's secretariat, the African Union Commission, is based in Addis Ababa.
In result of its geographical location, the African Union has an area of around 29 million km2 (11 million sq mi) and includes popular world landmarks, including the Sahara and the Nile. They have adopted a gold, green and red based emblem and flag to represent the continental union, where they held a competition for citizens to design a flag in which they chose a submission to replace the old flag. Their main celebration occurs on Africa Day on 25 May. The primary languages spoken include Arabic, English, French and Portuguese and the languages of Africa. Within the African Union, there are official bodies such as the Peace and Security Council and the Pan-African Parliament. Each individual state organises their own international relations and will work with each other to develop their foreign policy. However, it was not until recently did the AU form continent-wide passports.