AU’s Gabikini on milestones achieved in continent’s integration agenda

The integration of the African continent is well above average with five Regional Economic Communities making progress towards integration. That is according to the latest African Integration Report published by the African Union. To drill into the findings further, CNBC Africa is joined by Dr Jean-Denis Gabikini, Head of Integration and Trade at the African Union.

Tue, 22 Mar 2022 11:06:42 GMT

Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video

AI Generated Summary

The 2021 African Integration Report highlights progress made by five Regional Economic Communities (RECs) in integrating the African continent, with a focus on achievements in free movement of people, customs union, and trade corridors.
The African Continental Free Trade Area (AfCFTA) plays a crucial role in facilitating trade among African citizens, and efforts are underway to sensitize member states on its benefits. The AfCFTA aims to create the largest common market in the world, uniting 1.3 billion consumers and traders.
Infrastructure development is vital for regional integration success, with the Southern African Development Community (SADC) making notable progress in enhancing trade facilitation. Sharing best practices and lessons learned among RECs can further accelerate integration efforts across the continent.

The latest African Integration Report published by the African Union highlights significant progress in the integration of the African continent. According to the report, five Regional Economic Communities (RECs) are making strides towards integration at a pace above the average. Dr. Jean-Denis Gabikini, Head of Integration and Trade at the African Union, discussed the key findings of the report in an interview with CNBC Africa. The 2021 report focused on three main themes: assessing the implementation of the protocol on the free movement of people, examining the role of regional integration in post-COVID recovery, and exploring ways for the African Union to accelerate the integration process. While some RECs are facing challenges, the report revealed that most are making substantial progress. Achievements such as the free movement of people within ECOWAS, customs union within ESC, and the trade corridor following the implementation of the African Continental Free Trade Area (AfCFTA) were highlighted. Dr. Gabikini emphasized the importance of the AfCFTA in advancing regional integration. While policies are still being finalized, the framework aims to facilitate trade among African citizens, including the private sector, women, and youth. Sensitization efforts are underway to ensure member states understand the benefits of the AfCFTA, which has already been signed by 54 states and ratified by 42. The AfCFTA is expected to create the largest common market in the world, uniting 1.3 billion consumers and traders. Infrastructure plays a crucial role in the success of regional integration, with the need for transport corridors, digitalization, and other facilities to support trade. The report highlighted the progress made by the Southern African Development Community (SADC) in developing infrastructure to enhance trade among member states. Additionally, successful initiatives in one REC can serve as models for others facing challenges. Dr. Gabikini acknowledged the importance of sharing best practices and lessons learned among economic blocks to accelerate the pace of integration across the continent. The African Union remains committed to supporting member states in their efforts towards a more integrated and prosperous Africa.