8, April 2018
The African Union (AU) and Cameroon have signed agreements for Cameroon to host three pan-African institutions.
The three institutions to be hosted in Yaounde include the Pan African University (PAU) Institute for Governance, Humanities and Social Sciences; the African Monetary Fund (AMF); and the AU Sport Council, according to an AU statement on Saturday.
Sarah Anyang Agbor, AU Commissioner for Human Resources, Science and Technology (HRST), and Lejeune Mbella Mbella, Cameroon’s Minister of External Relations, signed the agreements on Friday in Cameroon.
It has taken over ten years of discussion to adopt the decision establishing the three AU institutions and over five years of negotiations to approve the host agreements, said the statement.
The signing of the agreements is significant as it took place barely a few days after the signing of relevant instruments for establishing the African Continental Free Trade Area (AfCFTA), said the AU Commissioner.
Cameroon said the agreements demonstrate its firm and unwavering commitment to the Africa integration, by hosting in its territory, the seats of three complementary institutions of the pan-African organization.
Culled from Xinhuanet