The palm leaves shooting up on either side of the outer circle stand for peace. The gold circle again symbolizes Africa's wealth and bright future. The green circle again stands for African hopes and aspirations. The plain map of Africa without boundaries in the inner circle signifies African unity. The small interlocking red rings at base of the Emblem stand for African solidarity and the blood shed for liberation of Africa.
External Link
The text above was modified from the African Union's site (http://www.africa-union.org/AU%20symbols/ausymblos.htm).
The AfricanUnion was launched in Durban on July 9, 2002, by its first president, South African Thabo Mbeki, at the first session of the Assembly of the AfricanUnion.
The emblem of the AfricanUnion consists of a gold ribbon bearing small interlocking red rings, from which palm leaves shoot up around an outer gold circle and an inner green circle, within which is a gold representation of Africa.
The flag of the AfricanUnion bears a broad green horizontal stripe, a narrow band of gold, the emblem of the AfricanUnion at the centre of a broad white stripe, another narrow gold band and a final broad green stripe.