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Acquired Regardless of Brexit Backdrop

Sep 7th 2018, 3:47 pm
Posted by magdalenas
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As an intergovernmental group members are required to pay on an annual basis their assessed contributions. These contributions are used to run the Institute. They're calculated following an AU mannequin. Thus 50% of the operating costs of the Institute are shared equally by members and the opposite 50% is based on each country's GDP. In the intervening time 4 countries have already paid their assessed contributions, they're Nigeria, South Africa, Tanzania and Mauritius. The other three countries have indicated that they are within the strategy of arranging payments. The Institute has also obtained funds from the Embassy of Denmark which are meant to help within the establishment course of.

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