African Economic Community

De African Economic Community (AEC) be organization of African Union states wey dem establish common grounds say dem go do mutual economic development among dema majority of African states. Dema goals dey include de creation of free trade areas, customs unions, a single market, a central bank, den common currency (see African Monetary Union) thus as dem establish an economic den monetary union.

 Pillars 
Currently dem get multiple regional blocs insyd Africa, dem san know dem as Regional Economic Communities (RECs), many of which gey overlapping memberships. De RECs dey consist primarily of trade blocs den, in some cases, some political den military cooperation. Most of dese RECs form de "pillars" of AEC, plenty of dem san gey overlap for dema member states. Secof dis high proportion of overlap ebe likely say some states plus several memberships go eventually drop out of one or more RECs. Several of dese pillars san dey contain subgroups plus tighter customs den /or monetary unions for dema own:

Dese pillars den dema corresponding subgroups dey follow:
+PillarsSubgroupsCommunity of Sahel-Saharan States (CEN-SAD)Common Market for Eastern and Southern Africa (COMESA)East African Community (EAC)Economic Community of Central African States (ECCAS/CEEAC)Economic and Monetary Community of Central Africa (CEMAC)Economic Community of West African States (ECOWAS)West African Economic and Monetary Union (UEMOA)

West African Monetary Zone (WAMZ)Intergovernmental Authority on Development (IGAD)Southern African Development Community (SADC)Southern African Customs Union (SACU)Arab Maghreb Union (UMA)

 Pillar membership 
+CEN-SADFounding states (1998):
 Burkina Faso
 Chad
 Libya
 Mali
 Niger
 Sudan

Join later:

 1999: Central African Republic
 1999: Eritrea
 2000: Djibouti
 2000: Gambia
 2000: Senegal
 2001: Egypt
 2001: Morocco
 2001: Nigeria
 2001: Somalia
 2001: Tunisia
 2002: Benin
 2002: Togo
 2004: Ivory Coast
 2004: Guinea-Bissau
 2004: Liberia
 2005: Ghana
 2005: Sierra Leone
 2007: Comoros
 2007: Guinea
 2008: Kenya
 2008: Mauritania
 2008: São Tomé and Príncipe
+COMESAFounding states (1994)
 Burundi
 Comoros
 Democratic Republic of the Congo
 Djibouti
 Eritrea
 Ethiopia
 Kenya
 Madagascar
 Malawi
 Mauritius
 Rwanda
 Sudan
 Eswantini
 Uganda
 Zambia
 Zimbabwe

Joined later:

 1999: Egypt
 2001:Seychelles
 2006: Libya
 2018: Tunisia
 2018: Somalia

Former members:

 1994-1997: Lesotho
 1994-1997: Mozambique
 1994-2000: Tanzania
 1994-2004: Namibia
 1994-2007: Angola"SADC, COMESA and the EAC: Conflicting regional and trade agendas". Institute for Global Dialogue. October 2008. Archived from the original on 1 January 2017. Retrieved 7 May 2011."African integration is great but has its hurdles". New Vision. 26 May 2010. Archived from the original on 19 June 2010. Retrieved 7 May 2011.
+EACFounding states (2001):
 Kenya
 Tanzania
 Uganda

Joined later:

2007: Burundi

2007: Rwanda

2016: South Sudan

2022: Democratic Republic of Congo
+ECOWASFounding states (1975):
 Benin
 Burkina Faso
 Ivory Coast
 Gambia
 Ghana
 Guinea
 Guinea-Bissau
 Liberia
 Mali
 Niger
 Nigeria
 Senegal
 Sierra Leone
 Togo

Joined later:

 1976: Cape Verde

Former member:

 1975-2002: Mauritania
+ECCASFounding states (1985):
 Burundi
 Cameroon
 Central African Republic
 Chad
 Congo
 DR Congo
 Equatorial Guinea
 Gabon
 Rwanda
 São Tomé and Príncipe
+IGADFounding states (1986):
 Djibouti
 Ethiopia
 Kenya
 Somalia
 Sudan
 Uganda

Joined later:

 1993: Eritrea
 2011: South Sudan
+SADCFounding states (1980):
 Angola
 Botswana
 Lesotho
 Malawi
 Mozambique
 Eswatini
 Tanzania
 Zambia
 Zimbabwe

joined later:

 1990: Namibia
 1990: South Africa
 1995: Mauritius
 1997: DR Congo
 1997: Seychelles withdrawn 2004-2007
 2000: Madagascar
+UMAFounding states (1989):
 Algeria
 Libya
 Mauritania
 Morocco
 Tunisia

 Other blocs 
Other African regional blocs no dey participate insyd de AEC framework (plenty of dem predate AEC), dem be:

 Greater Arab Free Trade Area (GAFTA) (an organization wey most Middle Eastern states, including dose outside Africa)
 Economic Community of the Great Lakes Countries (CEPGL)
 Indian Ocean Commission (COI)
 Liptako-Gourma Authority (LGA)
 Mano River Union (MRU)

Dema membership dey follow:
+GAFTA2005 membership:
 Egypt
 Libya
 Morocco
 Sudan
 Tunisia

Joined later:

 2009: Algeria
+CEPGL1976 membership:
 Burundi
 DR Congo
 Rwanda
+COI1984 membership:
 Comoros
 Madagascar
 Mauritius
 Seychelle
+LGA1970 membership:
 Burkina Faso
 Mali
 Niger
+MRU1973 membership:
 Liberia
 Sierra Leone

Joined later:

 1980:  Guinea
 2008:  Ivory Coast

 Goals 
De AEC dem found am through de Abuja Treaty wey dem sign insyd 1991 den enter into force insyd 1994 dey envision say dem go create insyd six stages:

 (complete am insyd 1999) Creation of regional blocs insyd regions wey such no dey exist
 (complete am insyd 2007) Strengthening dema intra-REC integration den inter-REC harmonisation
 (complete am insyd 2021) Establish free trade area den customs union insyd each regional bloc
 (dem go complete am insyd 2023) Establish continent-wide customs union (den san do free trade area)
 (dem go complete am insyd 2025) Establish continent-wide African Common Market (ACM)
 (dem go complete am insyd 2028) Establish continent-wide economic den monetary union (den san do currency union) den Parliament

 End of all dema transition periods: 2034 at de latest

 Stages progress 
as of September 2007

 Stage 1: Complete am, only Arab Maghreb Union members den Sahrawi Republic no dey participate. Somalia dey participate, buh dem no practical implement am yet.
 Stage 2: Steady progress, nothing factual dey for we to check.
 Stage 3:

 References 

Category:African Union
Category:Economy of de African Union
Category:Regional Economic Communities of de African Union
Category:Special economic zones
Category:Trade blocs
Category:1991 insyd economics
Category:Establishments insyd Africa