African Economic Community

The African Economic Community (AEC) is an organization of African Union states establishing grounds for mutual economic development among the majority of African states.[1] The stated goals of the organization include the creation of free trade areas, customs unions, a single market, a central bank, and a common currency (see African Monetary Union) thus establishing an economic and monetary union.

  1. ^ Staff writer (2024). "African Economic Community (AEC)". UIA Global Civil Society Database. uia.org. Brussels, Belgium: Union of International Associations. Yearbook of International Organizations Online. Retrieved 29 January 2025.

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