Volume 4, Issue 2, June 2018, Page: 36-43
The African Union Continental Free Trade Area: Challenges and Prospects
Nwaodu Nnamdi Okechukwu, Department of Public Administration, University of Fort Hare, Alice, South Africa
Ijeoma Edwin Okechukwu Chikata, Department of Public Administration, University of Fort Hare, Alice, South Africa
Received: Dec. 11, 2017;       Accepted: Apr. 8, 2018;       Published: Sep. 27, 2018
DOI: 10.11648/j.ijsdr.20180402.14      View  266      Downloads  17
Abstract
One of the bitter legacies of colonialism in Africa is the creation of small unit states which reduced the singular and collective competitiveness of the states and the continent respectively in global economic and political affairs. It has therefore been the resolve of African leaders to pursue some forms regional integration in order to overcome the challenges. Consequently, from the pre-independence pan-Africanist philosophy, to the Organization of African Unity, OAU and today the African Union, this fundamental goal of building integration mechanisms has remained prevalent at the regional and sub-regional levels, leading to the desire to establish integration schemes for customs’ union, economic community, common currency, central bank and one parliament, and most currently that of the Free Trade Area in the Continent. This article sought to unpack some of the challenges of regional integration in general and those facing the AU’s continent-wide Free Trade Area and found that, though efforts towards regional integration in Africa have recorded some achievements including positive economic growth, they still fall short of achieving most of its laudable objectives especially in the face of such challenges ranging from over-ambitious targets, to the heterogeneity of the economies of members, among others. For effective regional integration in Africa, AU should basically resolve the identified knotty challenges that have frustrated a possible beneficial intra-regional trade which could subsequently lead to regional integration in Africa without which the drive for collective self-reliant development for Africa will always turn into a mirage, deepening the region’s dependence on the western powers.
Keywords
Regional Integration, African Union (AU), Free Trade Area
To cite this article
Nwaodu Nnamdi Okechukwu, Ijeoma Edwin Okechukwu Chikata, The African Union Continental Free Trade Area: Challenges and Prospects, International Journal of Sustainable Development Research. Vol. 4, No. 2, 2018, pp. 36-43. doi: 10.11648/j.ijsdr.20180402.14
Copyright
Copyright © 2018 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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