Issues arising from pooling resources and integrating economies
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
Gerald Ajumbo is a Trade Expert at the AfDB. He previously worked at the East African Community (EAC), where his tasks included trade policy analysis, trade and regional negotiations and management, and mobilization of resources. While at the EAC, he led the EAC-EU-EPA, the COMESA-EAC-SADC Tripartite FTA and the Trade and Investment Agreement negotiations. Before joining the EAC, he served as a deputy chief economist in Kenya’s Treasury, where his areas of experience included macroeconomic policy analysis (fiscal, monetary, econometrics), fiscal management, private sector development, industrial trade policy, and regional integration issues. He is a graduate of universities of Nairobi, Japan and Cape Town.
Following the recent African Union (AU) Trade Ministers Conference held in Addis Ababa from December 4-5, 2014, we consider it opportune to discuss what 2015 may hold for progress towards establishing the Continental Free Trade Area.
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.