Two years ago, the Ninth Session of the CRCI focused on concrete policy actions and measures required to “Enhance Productive Integration for Africa’s Structural Transformation”. The Ninth session took note that Africa’s structural transformation has lagged behind its improved economic growth performance and that four interrelated processes define the current structural transformation process taking place on the continent, namely:
- a declining share of agriculture in GDP and employment;
- rural-to-urban migration that stimulates the process of urbanization;
- the rise of a modern industrial and service economy; and,
- a demographic transition from high rates of births and deaths (common in undeveloped rural areas) to low rates of births and deaths (associated with improved health standards in urban areas).
Against this backdrop, and building on the previous 9th Session, the 10th Session proposes to have as the overarching theme “Implementation of the Continental Free Trade Area and shared Gains”. Trade, regional cooperation and integration are core pillars to ensure that Africa advances in its transformative agenda. The 10th Session of the CRCI will lean to reiterate continued support for both the Action Plan for Boosting Intra-African Trade (BIAT) and the implementation of the Continental Free Trade Area (CFTA).
- How African countries are boosting intra-African investment, with a view to sharing best practices among member States
10th Session of the Committee on Regional Cooperation and Integration to focus on CFTA shared gains
Addis Ababa, 19 September 2017