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Bank Group Regional Integration Policy And Strategy (RIPoS) 2014–2023

09-Mar-2016

Regional integration is imperative for Africa. Its 54 states need “to create larger, more attractive markets, to link landlocked countries, including countries in fragile situations, to international markets (so as to participate in and share the benefits of an increasingly connected global marketplace) and to support intra-African trade” (AfDB 2013a). The continent’s growing middle class and its youthful population could become key sources of demand for producers of goods and services as expansion in African retail and financial services has demonstrated. With the appropriate skills, infrastructure and business environment Africa could enhance its attractiveness to investment leading to inclusive growth through better opportunities for all.

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