Finance Directorate

The Directorate is the central service related to programming, budgeting, finance and accounting. It administers and ensures compliance with the Financial Rules and Regulations, and has responsibility for budgetary and accounting policies and procedures of the Union. The Directorate also collects and manages statutory and other funds entrusted to the African Union, and ensures inter-departmental coordination in the programming and budgetary processes of the AUC. In addition, it leads the AUC’s financial planning and implementation processes.

Director: Edith Akorfa Akua Lumor, Ghana

Agenda 2063

Flagship Projects

Integrated High Speed Train Network

Connecting African capitals and commercial centers through a High-Speed Train Network; facilitating the movement of goods, factor services and people as well as reducing transport costs and relieving congestion of current and future systems through increased rail connectivity.

African Commodities Strategy

Transforming Africa from a raw materials supplier by enabling countries to add value, extract higher rents from commodities, integrate into global value chains promote diversification anchored in value addition and local content development.

African Continental Free Trade Area (AfCFTA)

Accelerating intra-African trade and boosting Africa’s trading position in the global market by strengthening Africa’s common voice and policy space in global trade negotiations.

The African Passport & Free Movement of People

Removing restrictions on Africans’ ability to travel, work and live within their own continent by transforming restrictive laws and promoting visa free travel to enhance movement of all African citizens in all African countries.

Silencing the Guns by 2020

Ending all wars, civil conflicts, gender-based violence, violent conflicts and preventing genocide in the continent by 2020.

The Grand Inga Dam Project

Generating an estimated 43,200MW of power to support current regional power pools and their combined service to transform Africa from traditional to modern sources of energy and ensure access to clean and affordable electricity.

Single African Air-Transport Market

Promoting intra-regional connectivity between the capital cities of Africa by creating a single unified air transport market in Africa, as an impetus to the continent’s economic integration and growth agenda.

African Economic Forum

Multi-stakeholder meeting bringing together the Africa’s policy makers, private sector, academia and civil society to reflect on accelerating Africa’s socio- economic development and transformation by harnessing its vast resources.

African Financial Institutions

Accelerating integration and economic development through the establishment of organisations which will play a pivotal role in the mobilization of resources and management of the African financial sector.

The Pan African e-Network

Transforming Africa into an e-Society by implementing policies and strategies that lead to transformative e-applications and services in Africa such as broad band terrestrial infrastructure, cyber security and revolutionary bio and nanotechnology industries.

Africa Outer Space Strategy

Strengthening Africa’s use of outer space to bolster development in critical sectors such as agriculture, disaster management, remote sensing, climate forecast, banking and finance, defense and security.

African Virtual & e-University

Using ICT based programmes to increase access to tertiary and continuing education in Africa by reaching large numbers of students and professionals in multiple sites simultaneously.

Cyber Security

Incorporating emerging technologies in Africa’s development plans and ensuring these technologies are used for the benefit of African individuals, institutions and nation states by ensuring data protection and safety online.

Great African Museum

Preserving and promoting African cultural heritage by creating awareness of Africa’s vast, dynamic and diverse cultural artefacts and Africa’s continuing influence on world cultures in art, music, language, science, and so on.

Encyclopaedia Africana

Provide an authoritative resource on the authentic history of Africa and African life.

NOW

Related Content

Agenda 2063

Key Resources