AfDB Report 2014 on the development of the African Continent

The AfDB analysis indicates that the increase of infrastructures in different countries is a “sign of political intention to promote regional integration of the continent.” The report also highlights the importance of regional integration for Africa’s development.

The African Development Bank (AfDB) issued the 2014 edition of the Report on the Development of Africa, entitled “Regional Integration for inclusive growth.”

The survey was carried out last December 16 in Adbidjan, Ivory Coast, headquarters of the institution, which is currently chaired by the economist Donald Kaberuka.

In the analysis, the AfDB notes the significant increase of the infrastructures that have been produced recently in Africa, and interprets it as an important sign of political intention, which in turn promotes regional integration in Africa.

The General Secretary of the AfDB, Cecilia Akintomide, said during the presentation that “regional integration in Africa is an important pillar of the strategy for the next decade,” while Steve Kayizzi-Mugerwa, Director of the Research Development, stressed the importance of the topics covered in the 2014 report, such as regional integration and inclusive growth, regional institutions, regional infrastructures and regional migration, among others.

This report puts the spotlight on the issue of regional integration as necessary for the development of Africa, considering also that this is an aspiration that dates back to the 1960s, a time of independence for most of countries on the continent.

The report can be read at the following link:

http://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/ADR14_ENGLISH_web.pdf

Text: A.A.

SOURCE: Equatorial Guinea’s Press and Information Office

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