Posted by Cameron @ 5:48 pm on November 20th 2009

Africa’s EU

There was some exciting news out of Africa yesterday. The East African Community appears to be moving forward at a remarkable pace towards a common market. The four countries, comprised of Kenya, Tanzania, Rwanda and Uganda, are attempting to abolish almost all restrictions to the free movement of labor, goods and services across their borders in an attempt to create a larger and more enticing and globally competitive entity. The group is actually a ten year old recreation of a similar group that disintegrated in the 70s. Their future plans are actually amazingly ambitious. Beyond the effective elimination of tariffs and borders, there’s talk of a single currency and even the formation of a confederation.

1 Comment »

  1. First reaction: good for them. Africa could certainly use anything at this point.

    Second reaction: they have a hard enough time as it is even keeping single countries together.

    Comment by Brad — 11/20/2009 @ 6:34 pm

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