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Economic Commission for Africa (1438 words) |
 | Furthermore, the Commission undertook studies on the rationalization and harmonization of regional economic groups in West and Central Africa in the context of the establishment of the West African Economic and Monetary Union and the Central African Economic and Monetary Union. |
| The Commission implemented four important projects in the transport and communication sectors: human resource and institution development in transport and communications; a transport database; the reactivation of the Trans-African Highway Bureau; and the Yamoussoukro Declaration on a new air transport policy for Africa. |
| The Commission, in collaboration with the General Agreement on Tariffs and Trade (GATT), UNCTAD and OAU, organized in Tunisia in October 1994 the International Conference to Assess the Impact of the Uruguay Round on African Economies. |
| Africa: Economic Trends Mixed (2579 words) |
| In West Africa the decline is due in part to slower growth in Nigeria the largest economy in the subregion from 4% in 2001 to 2.6% in 2002. |
| In Central Africa the slowdown is due largely to declines in Equatorial Guinea (from 66.1% to 24.4%), Congo (from 2.9% to 1.7%), and Cameroon (from 5.2% to 4.9%). |
| Economic effects for Africa will be positive to the extent that the activities of militant groups are checked in unstable African countries and that western nations become more involved in the economic and political development of African nations to discourage them from providing safe-havens to terrorists.There are already indications that this is happening. |
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