With this as a backdrop to the theme of the 2019 Annual Meetings – Regional Integration for Africa’s Economic Prosperity, there is much that we can learn and take away from their collaborative genius.
Regional integration is a major imperative for Africa because we need to harness the opportunities from economies of scale and larger markets. Our progress depends on enhanced cooperation. The proverb may be a cliché now, but it remains as true as ever – “If you want to go fast, go alone. If you want to go far, go together.”
As the African Continental Free Trade Agreement enters the implementation phase, Africa is poised to become one of the largest free trade areas in the world, a single market with a combined population of more than 1.2 billion people and combined GDP of more than $2.5 trillion. Needless to say, our continent is on the cusp of unprecedented opportunities for economic transformation.
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