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Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market?
Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market?
Sputnik Africa
Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market? 28.05.2025, Sputnik Africa
2025-05-28T17:32+0200
2025-05-28T17:32+0200
2025-05-28T18:23+0200
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Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market?"When the ECA was established, one of the main objectives was actually the regional integration. […] We wanted the trade within Africa itself," Claver Gatete, Executive Secretary of the UN ECA pointed out to Sputnik Africa.Here is Africa's ambitious integration journey, laid out by Gatete:🟠started with regional blocs (ECOWAS, SADC, EAC) building free trade areas;🟠now uniting them into a single market — aiming for a customs union and a single currency;🟠goal: end fragmented trade, cut tariffs, and remove visa barriers;🟠focus on regional value chains to boost high-value, globally competitive production.
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Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market?
Sputnik Africa
Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market?
2025-05-28T17:32+0200
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Dream of an Integrated Africa is Becoming Reality: How is the Continent Turning Into Single Market?
"When the ECA was established, one of the main objectives was actually the regional integration. […] We wanted the trade within Africa itself," Claver Gatete, Executive Secretary of the UN ECA pointed out to Sputnik Africa.
Here is Africa's ambitious integration journey, laid out by Gatete:
🟠started with regional blocs (ECOWAS, SADC, EAC) building free trade areas;
🟠now uniting them into a single market — aiming for a customs union and a single currency;
🟠goal: end fragmented trade, cut tariffs, and remove visa barriers;
🟠focus on regional value chains to boost high-value, globally competitive production.