The Economic Affairs Committee of the
ECOSOCC
The Economic, Social and Cultural Council (ECOSOCC) is an advisory body of the African Union designed to give civil society organizations (CSOs) a voice within the AU institutions and decision-making processes. ECOSOCC is made up of civil societ ...
deals with financial matters within
Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
, like:
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Economic integration
Economic integration is the unification of economic policies between different states, through the partial or full abolition of tariff and non-tariff restrictions on trade.
The trade-stimulation effects intended by means of economic integrati ...
.
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Monetary
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are ...
and
financial
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...
affairs.
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Private sector
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government.
Employment
The ...
development, including the
informal sector
An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government.
Although the informal sector makes up a significant portion of the economies in developing countrie ...
and
resource mobilization
Resource mobilization is the process of getting resources from the resource provider, using different mechanisms, to implement an organization's predetermined goals. It is a theory that is used in the study of social movements and argues that the s ...
.
The Chairperson of the Committee is
Moses Tito Kachima Moses Tito Kachima is a member of the African Union's Economic, Social and Cultural Council, representing Southern Africa
Southern Africa is the southernmost subregion of the African continent, south of the Congo and Tanzania. The physical lo ...
Sectoral Cluster Committees of the Economic, Social and Cultural Council
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