Questions and Answers
What was the primary purpose of the OAU when it was established in 1963?
To boost intra-African cooperation and economic integration at the continental level.
What initiative did the OAU adopt in 1980 to promote economic development in Africa?
The Lagos Plan of Action for the Economic Development of Africa 1980-2000.
What challenge has hindered the implementation of trade integration programs in Regional Economic Communities (RECs)?
Weak implementation of trade integration initiatives.
What treaty was adopted in June 1991 to revive the continental integration project?
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How did the OAU envisage using regional economic communities (RECs) in the integration process?
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What economic vision was articulated in the Lagos Plan of Action?
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What is the potential benefit of the African Continental Free Trade Area (ACFTA)?
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What problem resulted from weak implementation at the RECs level?
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Study Notes
Introduction
- Trade has historically driven economic, social, and political integration among African countries.
- Integration efforts took a formal turn with the establishment of the Organization of African Unity (OAU) in 1963.
- The African Continental Free Trade Area (ACFTA) aims to make continental trade integration a reality, addressing current challenges and proposing solutions.
Background to the Study
- OAU focused on enhancing intra-African cooperation and economic integration since its inception.
- Formation of regional economic communities aimed to consolidate regional economic spaces for better integration benefits and serve as foundations for a continental community.
- The Lagos Plan of Action (1980-2000) was adopted to promote regional development, including the establishment of an African Common Market.
- Despite institutional efforts, the implementation rates of trade integration programs among Regional Economic Communities (RECs) have been weak.
- Insufficient implementation at the RECs level hindered the progress towards a cohesive continental economic community.
- The OAU Abuja Treaty, adopted in June 1991, sought to revitalize and advance the continental integration agenda.
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Description
Explore the historical context and current challenges of the African Continental Free Trade Area (ACFTA). This quiz delves into the economic, social, and political integration of African countries and examines the reality of ACFTA in achieving this vision. Test your knowledge on the establishment of trade agreements and the way forward for a unified African economy.
