Africa's Development Dynamics 2022

Abbreviations and acronyms

ACBF

African Capacity Building Foundation

AfCFTA

African Continental Free Trade Area

AfDB

African Development Bank

AMU

Arab Maghreb Union

APMP

Ambient Particulate Matter Pollution

ASEAN

Association of Southeast Asian Nations

AU

African Union

AUC

African Union Commission

AUDA-NEPAD

African Union Development Agency-New Economic Partnership for Africa’s Development

AVC

Agri-food value chain

BMZ

Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (Federal Ministry for Economic Cooperation and Development)

B2C

Business to consumer

CEMAC

Economic and Monetary Community of Central Africa

CEN-SAD

Community of Sahel-Saharan States

CET

Common External Tariff

COMESA

Common Market for Eastern and Southern Africa

EAC

East African Community

ECCAS

Economic Community of Central African States

ECOWAS

Economic Community of West African States

ESG

Environmental, Social and corporate Governance

EU

European Union

EVC

Energy value chain

FDI

Foreign direct investment

FVC

Forest value chain

GDP

Gross domestic product

GIZ

Gesellschaft für Internationale Zusammenarbeit (German Corporation for International Cooperation)

GVC

Global value chain

ICT

Information and communications technology

IEA

International Energy Agency

IFC

International Finance Corporation

ILO

International Labour Organization

IMF

International Monetary Fund

ISO

International Organization for Standardization

ITC

International Trade Center

LAC

Latin America and the Caribbean

MNE

Multinational enterprise

OECD

Organisation for Economic Co-operation and Development

PAIC

Pan-African Investment Code

PALOP

Países Africanos de Língua Oficial Portuguesa (Portuguese-speaking African countries)

PIDA

Programme for Infrastructure Development in Africa

PPP

Public-private partnership

R&D

Research and development

RCA

Revealed comparative advantage

REC

Regional Economic Community

REVC

Renewable energy value chain

RVC

Regional value chain

SACU

Southern Africa Custom Union

SADC

Southern African Development Community

SDG

Sustainable Development Goals

SEZ

Special economic zone

SME

Small and medium-sized enterprise

STEM

Science, technology, engineering and mathematics

SWAC

Sahel and West Africa Club

TVET

Technical and vocational education and training

UN

United Nations

UNCTAD

United Nations Conference on Trade and Development

UNECA

United Nations Economic Commission for Africa

UNESCO

United Nations Educational, Scientific and Cultural Organization

UNIDO

United Nations Industrial Development Organization

WAEMU

West African Economic and Monetary Union

WEF

World Economic Forum

WTO

World Trade Organization