African Union Commission Union activities. Some of the initiatives this money will go to are an African Communication Policy and an African Common Defence Force. The signatory on behalf of the Commission was Bernard Zoba. African Union Commission The Commission of the African Union acts as the executive/administrative branch or secretariat of the AU (and is somewhat analogous to the European Commission). It consists of a number of Commissioners dealing with different areas of policy. The Commission is headquartered in Addis Ababa, Ethiopia. It should be distinguished from the African Commission on Human and Peoples' Rights, (based in Banjul, Gambia), which is a
Scipion Capital has launched a "commodity finance fund". Scipion Capital Scipion Capital is a London-based hedge fund which invests in African agriculture. It is located at 52 Berkeley Square in Mayfair, London. It was founded by Nicolas Clavel in 2007. Scipion Capital is domiciled in the Cayman Islands. In 2012, the fund invested in "coffee, cocoa, grain, seeds, and nuts, as well as minerals such as iron ore, manganese, cobalt, nickel, salt and tin". Additionally, the fund has invested in fertilizers used in African agriculture. In 2015, the fund invested in Kenya. It has also invested in the Democratic Republic of Congo.