The new self-financing Mechanism of the African Union: Can the proposed AU levy be a step towards financial independence? - t...
The new self-financing Mechanism of the African Union: Can the proposed AU levy be a step towards financial independence? - t...
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This paper explores the African Union's adoption of a 0.2% levy on eligible imports as a new funding mechanism, highlighting its significance, challenges, and prospects. It delves into concerns regarding the levy's lawfulness, its compatibility with WTO rules, and the financial challenges it poses to the AU. Additionally, it assesses the rationalisation of projects and the effectiveness of the levy amidst skepticism. The paper further discusses the broader implications of this self-financing...