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Partnering for Africa’s Regional Integration:

Author: The World Bank
Organisation: The World Bank
Publish Date: MARCH 21, 2011
Country: Spain
Sector: Development
Method: Expert panels
Theme: Strategic Thinking
Type: Report
Language: English
Tags: regional intergration, Africa

Regional integration is critical to accelerate progress in Africa. Most economies and markets in Africa are relatively small and isolated, and many are landlocked. Linking markets together will unlock the benefits of agglomeration for the continent, and create a mutually reinforcing process that spreads investment opportunities and growth beyond current centers of development. For example,trading power through regional pools can cut US$2 billion off energy costs and reduce carbon dioxide emissions by 70 million tons every year; countries that link-up to submarine cables can halve their costs of international communications; and a 20 percent reduction in border crossing time alone would generate10-15 percent savings in transport prices in Southern Africa. Beyond infrastructure, regional approaches are needed across many sectors to tackle the challenges of trade,food security, water resource management, climate change, disease prevention, tertiary education, and governance.
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