PreambleBearing in mind that the Continent of Africa is undoubtedly rich in underneath-the-earth and below-the-sea natural resources;
Considering that paucity of technological sciences and innovative ideas, have been the bane of the Continent since the end of slave trade;
Taking into account the mismanagement of economies by country after country which has resulted in the Continent living up to its name of “the dark Continent”;
Having regard to the desires of industrialized countries to invest in the economic development of African countries;
Desirous of the need to ensure that investors in African economies do not resort to exploitation and manipulation;
WE, the following Subscribers to these Articles
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AGREE to create a Non-Governmental Organization to be known as Africa MUST Change (AMC);
And the said AMC shall locate its Global HQ in Washington DC, United States of America;
AMC shall have Representative Offices in Algeria, Angola, Benin, Botswana, Bukina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo Brazzaville, Congo Kinshasa, Cote d’Ivoire, Egypt, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea Bissau, Guinea Conakry, Guinea Equatorial, Kenya, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe;
Further, the European operations of the said AMC shall be carried out from premises in Brussels, Belgium
Control and Management Style of Operation (Camsop)
Article 1
Africa MUST Change (AMC) is, by definition AMCAfrica.
Article 2
AMC shall be recognized by its 47-Member States as an Intermediate Investment Regulatory Authority with quasi-statutory empowerment given to it by its Members
Article 3
AMC shall safeguard the Continent’s natural resources, found on land and or on seabed. This safeguard shall be achieved by negotiating mutually agreeable terms and conditions for the transfer of securities or other collaterals from foreign ownership to local ownership
Article 4
A foreign investor shall be prohibited from transferring in any year or part of any year a sum in money more than 17.5% of the sum total of income, earnings, receipts, interest on capital, out of the country of operations to the investor’s home country
Article 5
It shall be a criminal offence under domestic law for any foreign investor to circumvent or seek to circumvent Article 4 or any other Article(s) of this Control and Management Style of Operations (Camsop) by electronic or other mechanical, technical or data processing technique
Article 6
It shall be the duty and responsibility of AMC to ensure that the technology needed for the maintenance of plant and machinery for drilling for oil or methane gas, gold or diamond, is not only shared between the foreign investor and local enterprise or combined force of local enterprises 75% of the technology, plant and machinery shall be allocated to local enterprise. Once installed, no plant and machinery shall be dismantled under any circumstances.




