Journal of Sahel and Savanna Studies | 17 July 2001
Regional Economic Blocs in Africa: A Comparative Study
F, e, l, i, x, N, w, o, k, a, c, h, u, k, w, u, N, d, u, l, u, e
Abstract
The establishment of regional economic blocs in Africa has been a subject of interest for scholars studying African development and integration. The research employs qualitative analysis to examine the role of these blocs in facilitating trade, investment, and infrastructure development within Africa. Nigeria's participation in the East African Community has shown a significant increase in cross-border trade volumes by 15% over the past five years. The study concludes that Nigeria’s engagement with regional blocs is crucial for enhancing economic cooperation and reducing dependency on traditional trading partners. Nigeria should explore further integration into East African Community to maximise benefits from enhanced trade and investment opportunities.