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
Capital flight assets from a city or region within a country. Post-apartheid South African cities are probably the most visible example of this phenomenon. The flight of capital from central cities to the suburbs that ring them was also common throughout the second half of the twentieth century in the United States. Countries with resource-based economies experience the largest capital flight. A classical view on capital flight is that it is currency speculation that drives significant cross-border movements of private funds, enough to affect financial markets. The presence of capital flight indicates the need for policy reform. In 1995, the International Monetary