Lagos, 25 August 2017 (ACBF) – The African Capacity Building Foundation, the African Union's Specialized Agency for Capacity Development, says countries acrsoss the continent need an effective and efficient integration to fast track their economic development. ACBF’s Executive Secretary, Prof. Emmanuel Nnadozie, made the declaration on Thursday in a speech on the political, legal and legal imperatives of regional integration he gave at the annual conference of the Nigerian Bar Association (NBA) in Lagos.
“We are better off with an integrated Africa with a larger market than a fragmented Africa,” said Prof. Nnadozie, adding that integration would also foster job creation and ensure a faster growth of the continent’s gross domestic product (GDP).
Responding to a suggestion that Nigeria, Africa’s most populous country and the continent’s largest economy with about 180 million people and a GDP of more than $500 billion, could go it alone, he said the country would rather fare better in an integrated Africa.
“If you are selling to 180 million in Nigeria, you also want to be selling to one billion people in Africa,” he said, telling those in doubt to ask Aliko Dangote, the richest man in Africa, and other businessmen and women who are doing business all over the continent.
Prof. Nnadozie made reference to the annual Africa Capacity Report released by ACBF in 2014 which shows that a lack of the capacity to implement protocols on integration and co-operation African leaders signed was a major drawback to the realization of the concept. Besides, the ad-hoc and reactive approach of countries and the overlapping membership of regional economic communities are equally to blame, he said.
According to the Executive Secretary, “the centrality of peace and security in driving integration can also not be overlooked.” He cited the Foundation and other pan African institutions like the African Development Bank and the UN Economic Commission for Africa as having the expertise to implement the concept, while fostering a spirit of “Africanness” would help to achieve the objective.
Other speakers on the topic, notably Prof. Sylvain Boko and Mr. Adeyinka Adeyemi both of the ECA, re-echoed the arguments of ACBF’s Executive Secretary.
-ENDS HERE-
For more information, please contact:
Abel Akara Ticha – Senior Communication Officer
The African Capacity Building Foundation
Harare, Zimbabwe
+263 7+263-4 304663, 304622, 332002, 332014; Ext. 279
Email: [email protected]
To request for interviews with ACBF’s Executive Secretary on this story:
Contact Paul Okolo on +234 8033067567 or email him at [email protected]
ABOUT the African Capacity Building Foundation (ACBF)
Having spearheaded and robustly coordinated capacity development programs worth over 700 million US dollars across 45 countries and 8 regional economic communities (RECs) in Africa since 1991, ACBF has gathered the requisite experience that makes it the go-to institution for expert knowledge and human resources to advise and support African countries, regional economic communities and institutions on decisive steps to take to develop the practical skills urgently required for the continent’s economic transformation.
Evidence from our cutting-edge work (constituting hundreds of knowledge publications) and the work of several partners show that Africa's development efforts are being hobbled by severe capacity deficits often in the form of shortage of critical skills, deficits in leadership, inhibiting mindsets and weak institutions. The continent’s practical skills shortage is acute in key areas such as Science, Technology, Engineering and Mathematics (STEM) and Agriculture.
At ACBF, we will continue using our unmatched track record in managing financial facilities for development, our vast knowledge gathering experience thanks to the exceptional skills mix of our core staff as well as our strong strategic partnerships and networks to help countries and institutions identify their capacity needs, advise them on how to plug these capacity weaknesses and on where to find the knowledge and resources to develop the requisite capacity resources, effectively use them and retain them to achieve their short and long-term development objectives.
ACBF’s vision is an Africa capable of achieving its own development.
Support this crucial work
Leverage your own efforts geared towards Africa’s transformation, or
Partner with us by writing to:
[email protected] (to support us with resources for Africa’s Capacity Development)
