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Innovation, Regional Integration, and Development in AfricaRegional Integration Prospects, Challenges and Opportunities in Africa: A Case of the Tripartite Free Trade Area

Innovation, Regional Integration, and Development in Africa: Regional Integration Prospects,... [There is an old adage that says ‘kopano ke matla’, from Sesotho language, which means unity is strength. This idiom best captures the significance of uniting for a particular desired end in whatever facet of life. Regional integration for this paper is one such facet that will be explored through the lenses of the Tripartite Free Trade Area (TFTA). Regional integration is defined, for the purposes of this paper, as a concept which signify political, economic, and cultural high level cooperation between independent states and their people, for mutually beneficial ends. TFTA is a regional bloc or organisation that was formed in 2015 comprising three smaller Regional Economic Communities (RECs) – Southern African Development Community (SADC), East African Community (EAC), and Common Market for Eastern and Southern Africa (COMESA) merged into one. Amongst other purposes for the formation of TFTA is for it to pave way and provide a blueprint for the Continental Free Trade Area, which was earmarked for 2017. It also seeks to enlarge its markets, and increase its bargaining power when negotiating business deals with other regions and super powers.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Innovation, Regional Integration, and Development in AfricaRegional Integration Prospects, Challenges and Opportunities in Africa: A Case of the Tripartite Free Trade Area

Part of the Advances in African Economic, Social and Political Development Book Series
Editors: Oloruntoba, Samuel Ojo; Muchie, Mammo
Leshoele, Moorosi
Innovation, Regional Integration, and Development in Africa — Jul 27, 2018
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References (7)

Publisher
Springer International Publishing
Copyright
© Springer International Publishing AG, part of Springer Nature 2019
ISBN
978-3-319-92179-2
Pages
107 –120
DOI
10.1007/978-3-319-92180-8_8
Publisher site
See Chapter on Publisher Site

Abstract

[There is an old adage that says ‘kopano ke matla’, from Sesotho language, which means unity is strength. This idiom best captures the significance of uniting for a particular desired end in whatever facet of life. Regional integration for this paper is one such facet that will be explored through the lenses of the Tripartite Free Trade Area (TFTA). Regional integration is defined, for the purposes of this paper, as a concept which signify political, economic, and cultural high level cooperation between independent states and their people, for mutually beneficial ends. TFTA is a regional bloc or organisation that was formed in 2015 comprising three smaller Regional Economic Communities (RECs) – Southern African Development Community (SADC), East African Community (EAC), and Common Market for Eastern and Southern Africa (COMESA) merged into one. Amongst other purposes for the formation of TFTA is for it to pave way and provide a blueprint for the Continental Free Trade Area, which was earmarked for 2017. It also seeks to enlarge its markets, and increase its bargaining power when negotiating business deals with other regions and super powers.]

Published: Jul 27, 2018

Keywords: Tripartite Free Trade Area (TFTA); Regional Integration; Common Market For Eastern And Southern Africa (COMESA); Southern African Development Community (SADC); Regional Economic Communities (RECs)

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