Journal of Sahel and Savanna Studies

Advancing Scholarship Across the Continent

Vol. 2001 No. 1 (2001)

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Regional Economic Blocs in Africa: A Comparative Study

Felix Nwokachukwu Ndulue, Department of Research, Obafemi Awolowo University, Ile-Ife
DOI: 10.5281/zenodo.18735808
Published: April 18, 2001

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.

How to Cite

Felix Nwokachukwu Ndulue (2001). Regional Economic Blocs in Africa: A Comparative Study. Journal of Sahel and Savanna Studies, Vol. 2001 No. 1 (2001). https://doi.org/10.5281/zenodo.18735808

Keywords

African UnionLagos TreatyMercosurCommunity of Southern African StatesPreferential Trading Scheme for East AfricaEconomic Community of Central African StatesRegionalism

References