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Main Milestones
The Ocean Conference
Addis Ababa Action Agenda
Sendai Framework for Disaster Risk Reduction
Transforming our world: the 2030 Agenda for Sustainable Development
Paris Agreement
SIDS Accelerated Modalities of Action (SAMOA) Pathway
High-level Political Forum on Sustainable Development
United Nations Conference on Sustainable Development, RIO +20: the Future We Want
Five-year review of the Mauritius Strategy of Implementation: MSI+5
BPOA+10: Mauritius Strategy of Implementation
World Summit on Sustainable (WSSD) Rio+10: Johannesburg Plan of Implementation
Bardados Programme of Action (BPOA)+5
UNGASS -19: Earth Summit +5
Bardados Programme of Action (BPOA)
Start of CSD
United Nations Conference on Environment and Development: Agenda 21
Our Common Future
United Nations Conference on the Human Environment (Stockholm Conference)
Creation of UNEP
Assessing Regional Integration in Africa III: Towards Monetary and Financial Integration in Africa
UNECA, AUC, 2008
by: Economic Commission for Africa (ECA)

African nations are vigorously pursuing an integration agenda in order to participate effectively in the globalization process. African leaders therefore view regional integration as a conduit for achieving sustainable economic growth and development and reducing the level of poverty plaguing the continent. In view of the slow pace of continent-wide integration, they have provided a framework for the implementation of the integration agenda. This framework is enshrined in what is known by integrationists around the continent as the Abuja Treaty, which calls for the creation of a continent-wide African Economic Community (AEC) and lays out six stages for the implementation of the integration agenda. Included in this framework is the creation of a monetary union for the continent. As the building blocks of the AEC, African regional economic communities (RECs) have or are in the process of establishing monetary unions. Monetary integration contributes significantly to deepening regional integration, especially for RECs aspiring to create common markets. The literature indicates that international trade and economic performance improve when a country enters into monetary cooperation arrangements such as monetary unions.

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