Abstract

Africa's economic prospects have always been a topic of great consternation for local governments and international analysts and commentators. A continent rich in commodities such as oil, diamonds, minerals, with favourable demographic trends, i.e. young population and the potential for economic growth, has historically been underperforming. Throughout the years, African countries have advanced regional cooperation through the African Union (AU) and created various Regional Economic Communities (RECs) in order to improve economic growth through trade. More recently, regional economic ...