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2024 edition of the African Caucus: towards the facilitation of economic and commercial exchanges between African countries

06/08/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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From 1 to 3 August 2024, the 2024 edition of the African Caucus was held in Abuja, Nigeria. Madagascar was represented at this edition on the continental level.

“Facilitating inter-African trade, a catalyst for development in Africa” is the theme around which the 2024 edition of the African Caucus focused. This forum is responsible for organizing and formulating strategies of general interest to Africa. This event came at the right time at a time when the President of the Republic, Andry Rajoelina, is showing a desire to strengthen Madagascar's relationships with Africa, in particular with his recent African tour. According to Minister Rindra Hasimbelo Rabarinirinarison, “participation in African regional integration is essential.” According to him, however, this regional integration requires the development of transport infrastructures between the member countries of regional economic communities such as SADC and COMESA. . This includes the case of travel between Madagascar and Nigeria which, in the absence of a direct flight, requires at least two stops, according to the minister. The movement of goods and services is also proving to be difficult. According to Minister Rindra Hasimbelo Rabarinirinarison, the African Caucus was an opportunity to discuss the best way to achieve the implementation of an effective regional integration strategy in

Africa.
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