Integrating Africa is the AfDB Group’s blog on regional integration in Africa. It chronicles the issues arising from African countries’ efforts as they work to pool resources and integrate their economies for the development of their regional and individual economies. Read More
Dec 20th 2013
When thinking about regional integration in Africa we often think first of trade policy, telecommunications, ICT, and road infrastructure. But on a continent larger than China, India, the US, and Europe combined, air transport is inevitably going to play a key role in facilitating integration. For Africans to interact and do business with each other, they need to get there.
Dec 16th 2013
The adoption of the Bali Package on December 7, 2013 generated no small amount of euphoria among trade officials that gathered at the 9th Ministerial of the World Trade Organization (WTO). The WTO claims that the deal will generate between $400 billion and $1 trillion in global trade. But with dust settling from the Ministerial meeting, we briefly examine here what the Bali Package really means for Africa in the area of trade facilitation – which lies at the heart of what was agreed.
Nov 26th 2013
Industrialization has become the buzzword for Africa of late, but that must be set against the reality of the present situation. As is usually the case, The Economist succinctly sums up the African trading position with “Africa is a continent rich in minerals and oil. China has an economy that requires them in abundance. Since the mid-1990s the economy of sub-Saharan Africa has grown by an average of 5% a year. At the start of this period Africa’s trade with China was negligible. It is now worth around $200 billion a year. Most of Africa’s exports are raw materials. China sends manufactured goods back in return.”
Nov 11th 2013
The African Growth and Opportunity Act (AGOA) is the primary legislation that defines the U.S.-Africa commercial relationship. The benefits provided by AGOA have allowed for an average of around 70 per cent of all imports from Sub-Saharan Africa to enter the U.S. duty-free since the enactment of the legislation. While AGOA has been successful in providing duty-free access, it still leaves a great deal to be desired regarding the promotion of sustainable economic gains for the continent. Understanding where AGOA has been successful and considering how to enhance its impact is important, especially at this time when its renewal is being debated and requires decisive action over the next 12-18 months.
Nov 7th 2013
Since July 2013, the presidents of three East African Community (EAC) countries (Kenya, Rwanda and Uganda) have been holding monthly summits to discuss regional matters, to the exclusion of Burundi and Tanzania, the two other members of the Community. Given that the monthly summits of presidents is not a policy organ of the EAC but merely gives general and political course, it is safe to assume that the reasons behind the sub-group’s talks are imbued in politics.