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