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Africa Club


Prelims: International Relations (Institutions of global importance), Africa Club, African Union

Mains: General Studies-II  Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests.

Why in the News ?

Recently, at the 37th African Union Summit member countries took the initiative of forming the Africa Club.

Source: DTE 

📌 FYI on Prelims

  • During the 37th African Union Summit, 2024 in Ethiopia, African heads of state unanimously agreed to a historic ban on the trade of donkey skin, thereby prohibiting the killing of donkeys across the continent for their hides.
  • This is a significant outcome following the Dar es Salaam declaration adopted at the first African Union-Interafrican Bureau for Animal Resource (AU-IBAR) Pan-African Donkey Conference in December 2022.
Africa Club
Africa Union


  • Africa Club

    • It is the Alliance of African Multilateral Financial Institutions (which are African owned and controlled) launched at the African Union summit.
    • The initiative aims to amplify Africa’s influence in the global financial system by aligning its functions with the SDGs and the African Union’s Agenda 2063.
    • It seeks to introduce innovative financial instruments, provide a venue for debt management discussions and foster collaborative effort to address the specific needs of African countries.
    • Its members include African Export Import Bank, Trade and Development Bank, Africa Finance Corporation, African Reinsurance Corporation, African Trade and Investment Development Insurance, Shelter Afrique Development Bank and ZEP – RE (PTA Reinsurance Co).
  • African Union

    • It is a continental body consisting of the countries of the African Continent 
    • It was officially launched in 2002 as a successor to the Organisation of African Unity in Durban, South Africa.
    • Member states: 55 nations of the African Continent
    • Focus: It is to increase cooperation and integration of African states to drive Africa’s growth and economic development.
    • Vision: An Integrated, Prosperous and Peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena.
    • Principal Organs:  The Assembly of Heads of State and Government, the Executive Council, the Permanent Representatives Committee (PRC), the Peace and Security Council and The African Union Commission,  Pan-African Parliament and the Economic, Social & Cultural Council (ECOSOCC).

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