With 1 billion people, Africa has a combined GDP of more than $3.4 trillion. Such a market could create huge opportunities for producers on the continent.
But to make it a reality, African governments and regional economic communities should intensify efforts aimed at facilitating the free movement of goods, services, people and trade across borders.
The Bank’s Annual Meetings represent a unique opportunity to discuss challenges and ways to advance the continent’s regional integration agenda. AFRODAD was among the 3,000 participants that were in Malabo, including finance ministers, governors of central banks, policy makers, civil society groups, heads of international organisations and business leaders from the Bank Group’s member states. The meetings commenced on the 11th of June and ended on 14 June 2018.
This year's Annual Meetings focused on 'Regional Integration for Africa’s Economic Prosperity', falling under one of the Bank's five priority areas known as the 'High 5s' (Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa and Improve the quality of life for the people of Africa).
AFRODAD was represented by Mr Yungong Theophilus Jong, Policy Analyst under the Debt Management portfolio.