Association For Strategic Culture and Research Foundation

Exclusive Interview by Kester Kenn Klomegah

In this insightful and wide-ranging interview, Professor Patrick Verkooijen, Chief Executive Officer of Global Center on Adaptation discusses the organization’s establishment, its main objectives, challenges and plans for the future.

The Southern African Development Community (SADC) held the 41st Ordinary Summit of Heads of State and Government in Lilongwe, Malawi on 17 to 18 August 2021 with a limited number of participants. The modest symbolism associated with the gathering was to observe strictly the COVID-19 protocols

Why did Rwanda intervene in Mozambique in July 2021 to defend, essentially, two major energy companies? The answer lies in a very peculiar set of events that took place in the months before the troops left Kigali, the capital city of Rwanda.

VOA’s Peter Clottey spoke with Akinwumi Adesina, Nigerian economist, to discuss why he thinks the continent is ripe for foreign investment – especially from the United States. This interview has been edited for brevity and clarity.

United States investors are looking forward to exploring several opportunities in the African Continental Free Trade Area (AfCFTA), a policy signed by African countries to make the continent a single market.

We welcome the African Continental Free Trade Area, because we want to see Africa’s economic power in the world grow. More consumers should gain access to African goods and services. More jobs must be created for Africa’s young people – the global workforce of the future.

The AfCFTA aspires to connect all the regions of Africa, to deepen economic integration and to boost intra-African trade and investment. It aspires to create a single market for goods and services across 55 countries and our continent, creating a market of as much as 1.3 billion people with a combined GDP of $3.4 trillion.

Africa is experiencing a flowing tide of solidarity and self-strengthening, and the continent’s influence in international affairs continues to grow. It is now forging ahead with the development of free trade zones, accelerating industrialization and modernization, and heading towards the bright future envisioned in the AU’s Agenda 2063.

The question is, are African countries harnessing this potential offered by the AfCFTA?

Long before this summit, European Union members and business investors have been making consistent efforts at capitalizing on and exploring several emerging opportunities offered by the newly introduced African Continental Free Trade Area (AfCFTA), which provides a unique and valuable access to an integrated African market of 1.3 billion people. In practical reality, it aims at creating a continental market for goods and services, with free movement of business people and investments in Africa.

The AU and the EU, both together and individually, must focus their efforts on the appropriate vehicles for attaining this goal. For its part, the AU will need to establish stronger institutions capable of nurturing economic growth and ensuring that its gains are widely shared. As recent coups in West Africa show, many African countries have a long way to go to establish good governance and thereby provide for their populations.