ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES (OPEC)

ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES (OPEC): Opec was established in Baghdad, Iraq in 1960, following the meeting of five leading oil-producing countries summoned by Iraq. The five countries are Iraq, Kuwait, Saudi- Arabia, Venezuela, and Quatar etc. NOTE: The headquarters of OPEC is in Vienna where ordinary meetings of the organization take place. AIMS/OBJECTIVES OF …

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ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS

ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS): Is a sub-regional economic organization established by sixteen West African States on the 28th of May 1975 with its headquarter now in Abuja, Nigeria.   AIMS/OBJECTIVES OF ECOWAS To promote an increased co-operation and development in economic activities. To promote the living standard of people through increased trade …

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COMMONWEALTH OF NATIONS

COMMONWEALTH OF NATIONS: Is an association that consists of all independent nations that were colonized by Britain. AIMS/OBJECTIVES OF THE COMMONWEALTH To foster friendly relations among member states. To promote economic development of members. To promote sportsmanship among member states. To encourage defense co-operation among member states. To provide scientific co-operation among states. To respect …

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WEAKNESSES/PROBLEMS OF OAU

Political instability in some African countries. Apathy of member states. Religious differences. Lack of fund. The struggle for leadership among member states. Ideological differences among the member states. Border conflicts among African countries

ACHIEVEMENTS OF OAU

OAU has aided in the liberation of African countries. Succeeded in promoting economic, social and cultural co-operation and unity among African countries. Succeeded in settling border disputes among African states, e.g. Morocco and Algeria, Togo, Ghana etc. Succeeded in the eradication of apartheid in South Africa. Has encouraged regional economic co-operation in Africa.

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