{"id":602188,"date":"2019-03-25T23:36:07","date_gmt":"2019-03-25T23:36:07","guid":{"rendered":"<br><div>\n<!-- \/1002554\/MJO_Announcement_250X340 -->\n<!-- <div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div> -->\n<!-- 22nd March (1month) -->\n<div style=\"float:right;z-index: 996;height:340px; width:2"},"modified":"2019-03-25T23:36:07","modified_gmt":"2019-03-25T23:36:07","slug":"economic-integration-of-africa-low-report","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/03\/25\/economic-integration-of-africa-low-report\/","title":{"rendered":"Economic integration of Africa low &#8212; Report"},"content":{"rendered":"<p><\/p>\n<div>\n<!-- \/1002554\/MJO_Announcement_250X340 --><br \/>\n<!-- \n\n<div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div>\n\n --><br \/>\n<!-- 22nd March (1month) --><\/p>\n<div style=\"float:right;z-index: 996;height:340px; width:250px;\">\n<img decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/03\/glauc-new.jpg\"\/>\n<\/div>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Preliminary findings of the upcoming 2019 African Regional Integration Index (ARII) suggest that regional integration in Africa remains low.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The findings indicate that African Continental Free Trade Area (AfCFTA) marks a momentous milestone for Africa.<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-1 --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The preliminary findings of the upcoming 2019 African Regional Integration Index <\/span><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:Arial,Helvetica,sans-serif\">were<\/span><span style=\"font-family:Arial,Helvetica,sans-serif\"> released at the <\/span><span style=\"font-family:Arial,Helvetica,sans-serif\">ongoing<\/span><\/span><span style=\"font-family:Arial,Helvetica,sans-serif\"> Conference of Ministers in Morocco.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The Index, known as ARII, was set up to monitor and evaluate the status of economic integration among African countries and provides a basis for member states to track their progress.<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-2 --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The findings reveal that the Southern African Development Community (SADC) is the most integrated region in terms of trade, with South Africa as the most integrated country on the continent.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Five areas were analysed,\u00a0 trade integration, regional infrastructure, productive integration, free movement of people and macroeconomic integration.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">\u00a0South Africa topped the ranking with South Sudan as the least integrated mainly because of its modest performance in regional infrastructure and financial integration.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Meanwhile, integration in <\/span><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:Arial,Helvetica,sans-serif\">services<\/span><\/span><span style=\"font-family:Arial,Helvetica,sans-serif\"> contributed more than 53% of the continent\u2019s GDP, but ratification of the protocol on the free movement of people has been slow, despite the 2016 launch of the Common Electronic Biometric African Passport, and the AU Protocol on Free Movement of Persons.<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The continent\u2019s large infrastructure deficit remains a major hindrance to intra-regional trade.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">\u201cIt is up to Africans themselves to ensure that the initiative benefits them through hard work and efficient implementation of the mechanisms of the CFTA,\u201d says David Luke, Co-ordinator of the African Trade Policy Centre, Regional Integration and Trade Division of Economic Commission of Africa (ECA).<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">Leila Mokadem, Country Manager and Resident Representative in Morocco for the African Development Bank (AfDB) added that despite the \u201ctremendous\u201d political support for the AfCTFA, there are still major challenges ahead in terms of implementation and pushing the agenda forward to meet the goal of increasing intra-African trade to 25% by 2023 from between 15% and 18% currently.<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">She cited weak productive capacity in Africa, high production costs, large infrastructure deficits and other challenges that affected Africa\u2019s competitiveness.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">This is compounded by the number of small markets and 16 landlocked countries.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">\u201cWe cannot gloss over the challenges, but it is important to underscore the fact that it cannot be business as usual if Africa is to progress.\u201d<\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0in; margin-right:0in\"><span style=\"font-family:Arial,Helvetica,sans-serif\">The final ARII and the accompanying Assessing Regional Integration in Africa IX Report will be released later in the year.<\/span><\/p>\n<p style=\"margin-left:0in; margin-right:0in\">\u00a0<\/p>\n<\/div>\n<p><script async>(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src=\"http:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&version=v2.10&appId=1559506714349564\";fjs.parentNode.insertBefore(js,fjs);}(document,'script','facebook-jssdk'));<\/script><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Preliminary findings of the upcoming 2019 African Regional Integration Index (ARII) suggest that regional integration in Africa remains low. The findings indicate that African Continental Free Trade Area (AfCFTA) marks a momentous milestone for Africa. The preliminary findings of the upcoming 2019 African Regional Integration Index were released at the ongoing Conference of Ministers in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":602189,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-602188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economic integration of Africa low - Report - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/03\/25\/economic-integration-of-africa-low-report\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Economic integration of Africa low - Report - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Preliminary findings of the upcoming 2019 African Regional Integration Index (ARII) suggest that regional integration in Africa remains low. 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