Regional Integration in Africa Faces Challenges but Offers Promising Prospects Africa's main regional economic communities (#RECs) include #SADC, #ECOWAS, #EAC, #ECCAS, #IGAD, #CEN–SAD #COMESA and #UMA. However, regional integration faces several challenges: 1. Conflict and instability in regions like the Horn of Africa and the Sahel. 2. Cross-border trade disputes, as seen between the DRC and Zambia. 3. Economic disparities among countries. 4. Infrastructure gaps. 5. Overlapping REC memberships. 6. Weak regional institutions and lack of political will. 7. Nationalist tendencies of some leaders. Despite these challenges, there are promising prospects for integration: 1. #Agenda2063 and the African Continental Free Trade Area (#AfCFTA). 2. The Protocol on Free Movement of Persons. 3. Infrastructure development initiatives like #PIDA. 4. Improved political will among leaders. 5. Efforts to leverage natural resources. 6. Technological advancements. The RECs face significant challenges such as conflicts, trade disputes, economic disparities, infrastructure gaps, and nationalist tendencies of some leaders. Despite these obstacles, there are promising prospects for strengthening integration in Africa. A central development is the African Union's Agenda 2063 framework, which outlines a bold vision for a more prosperous and integrated continent. A cornerstone of Agenda 2063 is the African Continental Free Trade Area (#AfCFTA). The framework also emphasizes enhancing infrastructure, facilitating free movement, and leveraging natural resources. There are signs of growing political will and technological advancements aiding regional integration efforts. However, the recent decision by some Sahel countries to form a new confederation outside of #ECOWAS highlights the ongoing challenges. Addressing instability and strengthening regional institutions will be crucial for realizing the ambitions of Agenda 2063. #Agenda2063 #REC #ECOWAS #IGAD #ECA #ECCAS #COMESA #MUA #SADC #AFCFTA #AU #PIDA #CEN–SAD
Amb.Abubeker Seman 1st’s Post
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The Southern African Development Community Picture from #SADC website The Southern African Development Community (SADC) is a regional organization that was established in 1980 to promote economic and political cooperation among southern African countries. With a membership of 16 countries, SADC is one of the largest regional organizations in #Africa and plays a critical role in promoting peace, stability, and economic growth in the region. One of the key goals of SADC is to create a more integrated and interconnected southern African region, with a focus on trade, investment, and regional integration. Through various initiatives, SADC aims to reduce barriers to trade, improve infrastructure, and enhance regional cooperation in areas such as energy, transport, and tourism. In order to achieve its goals, SADC has established a number of programs and initiatives, including the SADC Free Trade Area, the SADC Industrialization Strategy, and the SADC Regional https://lnkd.in/d4JM9EBb #BOTSWANA #ECONOMY
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💬 "This specific [ACP Business-Friendly] project is supporting the Ethiopian Investment Commission (EIC) to enhance the quality impact of #FDI in the country. There are different FDIs investing in strategic sectors, but there is little effort and processes in place to monitor and assess their impact, also in terms of quality contribution to economic #development. So one challenge that the project is addressing is to create the necessary capacity inside the EIC to ensure that these FDIs are genuinely enabled and facilitated to maximize their economic contribution and qualitative impact towards the Sustainable Development Goals (#SDGs)." said Ms Aurelia Calabro, #UNIDO Representative and Director of the Regional Hub in Addis Ababa, #Ethiopia. ▶️ Watch the video below to learn more about the UNIDO Programme for Country Partnership (PCP) in Ethiopia and how the #ACPBizFriendly Programme, funded by the #EU and the Secretariat of the Organisation of African, Caribbean and Pacific States (OACPS), fits within that vision.
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✨ Article Spotlight: "The Withdrawal of Mali, Niger, and Burkina Faso from ECOWAS and its Effect on the African Union Agenda 2063" Dr. pippie hugues (PhD) explores the impact of recent events on Africa's future in our latest On Policy Africa magazine article. From historical context to current challenges, Dr. Hugues offers insights into the pursuit of unity and development in Africa. 🤔 How does this withdrawal affect Africa's path towards unity and development? What are the implications for regional cooperation? 💡 Read the full article here: https://lnkd.in/euiRdNCa #AfricanUnion #Agenda2063 #ECOWAS #Unity #Development
The Withdrawal of Mali, Niger, and Burkina Faso from ECOWAS and its Effect on the African Union Agenda 2063 - ON POLICY Africa
https://onpolicy.org
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Talking Point: Empowering Economic Integration and Development in Central Africa As a key player in the region, #PAIRIAC is committed to fostering #economic growth, promoting regional #integration, and improving the lives of citizens in Central Africa. Our organization aims to achieve this vision by: * Strengthening regional institutions and #governance structures to ensure effective cooperation and coordination among member states * Facilitating the free movement of #goods, services, and people across borders, promoting trade and economic development * Enhancing the #capacity of regional organizations to respond to regional challenges and opportunities * Supporting the development of infrastructure, energy, and transportation networks to facilitate #regional connectivity and economic integration * Promoting public-private partnerships and investment in key sectors such as agriculture, manufacturing, and services * Building the #capacity of regional institutions and civil society organizations to advocate for regional integration and economic #development By achieving these objectives, we aim to create a more integrated, prosperous, and stable region that benefits all citizens. Commission CEMAC CEEAC ECCAS #CentralAfrica #RegionalIntegration #EconomicDevelopment #AfricaRising #SustainableDevelopment #GlobalCooperation #DevelopmentPartnerships #RegionalCollaboration #InternationalCooperation #CapacityBuilding #InstitutionalStrengthening #GoodGovernance #InfrastructureDevelopment #Transportation .
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African Economic Conference 2024 Securing Africa”s Economic Future Amidst Rising Uncertainty The conference is attended by Ministers of Finance and International Relations from all Africa and Heads of UNDP and AFDB and UNECA and BITC and Professors from all over Africa. I am honored to be on the pannel: Can the AFCFTA build Economic Resilience for Africa in these Uncertain times and the answer is yes AfCFTA is the tool with actionable insights and successful case studies and innovation that supports economic stability and growth in Africa #AFCFTA
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✨ Article Spotlight: "The Withdrawal of Mali, Niger, and Burkina Faso from ECOWAS and its Effect on the African Union Agenda 2063" Dr. pippie hugues (PhD) explores the impact of recent events on Africa's future in our latest On Policy Africa magazine article. From historical context to current challenges, Dr. Hugues offers insights into the pursuit of unity and development in Africa. 🤔 How does this withdrawal affect Africa's path towards unity and development? What are the implications for regional cooperation? 💡 Read the full article here: https://lnkd.in/euiRdNCa #AfricanUnion #Agenda2063 #ECOWAS #Unity #Development
The Withdrawal of Mali, Niger, and Burkina Faso from ECOWAS and its Effect on the African Union Agenda 2063 - ON POLICY Africa
https://onpolicy.org
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✨ Article Spotlight: "The Withdrawal of Mali, Niger, and Burkina Faso from ECOWAS and its Effect on the African Union Agenda 2063" Dr. pippie hugues (PhD) explores the impact of recent events on Africa's future in our latest On Policy Africa magazine article. From historical context to current challenges, Dr. Hugues offers insights into the pursuit of unity and development in Africa. 🤔 How does this withdrawal affect Africa's path towards unity and development? What are the implications for regional cooperation? 💡 Read the full article here: https://lnkd.in/euiRdNCa #AfricanUnion #Agenda2063 #ECOWAS #Unity #Development
The Withdrawal of Mali, Niger, and Burkina Faso from ECOWAS and its Effect on the African Union Agenda 2063 - ON POLICY Africa
https://onpolicy.org
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🌍 Strengthening Regional Trade in Services! Recently, the SADC Business Council (SADC BC) joined key stakeholders in the 2nd Operational Steering Committee (OSC) meeting for the “Trade in Services (TiS) in the SADC” project, a collaborative initiative co-financed by the EU and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ. Held in a hybrid format from Gaborone, this meeting brought together public and private sector representatives to align on strategic milestones and discuss next steps for enhancing regional economic integration in the services sector. The session covered essential updates, including recent progress, adoption of workplans, budget allocations, and the advancement of a platform for transparent reporting on TiS barriers. 🫱🏿🫲🏾SADC Business Council remains committed to supporting SADC’s vision and the objectives of the AfCFTA, ensuring Southern Africa remains a competitive and thriving trade partner. SADC Secretariat Business Unity SA GIZ Botswana and SADC Confederation of Zimbabwe Industries European Union #SADCBusinessCouncil #TradeInServices #RegionalIntegration #AfCFTA #SADC
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Is there a consensus in America about her role in Africa’s development beyond the AGOA? What is America’s strategic infrastructure development investment plan in Africa as China and Europe lead the charge in development cooperation across Africa? Is America losing out to China in the infrastructure development agenda in Africa’s growing market of 1.4 billion people? What more can Global Africans do to mobilize investments for Africa’s infrastructure needs? Will the outcome of the US’s November elections lead to a better or worse development investments in Africa? To answer these questions and more, our expert panel of seasoned industry professionals will delve into the crux of development finance and US-Africa policy at the Global Africa Forum 2024 under the theme "Mobilizing Global African Investments for Africa’s Infrastructural Needs." on 25 September in New York, USA. K. Riva Levinson Hilda Suka Mafudze Joseph Sany Thomas Sheehy K. Danae Pauli #GlobalAfricaForum2024 #MobilizingGlobalAfricanInvestments #AfricaProsperityNetwork #TheAfricaAmericaInstitite #PAPSS #APD2025 #AfCFTA
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