Reaping the benefits of African economic integration

Nkrumah advocated for African integration decades ago PIC: THISISAFRICA.ME
Nkrumah advocated for African integration decades ago PIC: THISISAFRICA.ME

Africa must industrialise to diversify away from natural resources and create jobs for its fast-growing young population. And by boosting intra-continental trade, consumption, and investment, regional integration can be a strong vector for improving productivity, building manufacturing powerhouses and developing credible African brands. CELESTIN MONGA* writes

ABIDJAN: When Kwame Nkrumah, under whose leadership Ghana became the first African country to claim independence in 1957, was overthrown by a military coup in 1966, few of his fellow citizens shed a tear for his regime. But one aspect of his legacy remains relevant to this day and merits careful consideration.

Nkrumah was a visionary and charismatic leader whose focus was on modernising Ghana and on campaigning for Africa’s political unity. His most brilliant idea was to integrate the continent and create the United States of Africa. But he favored the development of costly, capital-intensive projects, which led to unsustainable foreign debt and deficits while creating few employment opportunities. Economic contraction led to widespread unrest and to a loss of credibility for the idea of African integration, and to fallout with his famous economic adviser, the future Nobel laureate W. Arthur Lewis.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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