Report on the Support Provided by the African Financial Institutions to the Economic Integration Process In Africa

Abstract

The fifth Joint ECA/UNDP/African IGOs/United Nations Specialized Agencies Meeting held in April 1991 requested ECA to collect from the organizations concerned necessary data for the purpose of carrying out a study on the support provided by the African financial institutions to the economic integration process in Africa. A questionnaire was sent to that effect to all economic integration organizations and to selected African financial institutions. Very few of them replied to the questionnaire; this made it impossible to carry out the study asked for. Following the renewal by the sixth meeting of the request of the fifth meeting, ECA sent in August 1992 the same questionnaire to the same addressees with little improvement in response. Since the original request for the study was made long ago, ECA feels that it ought to present a report on the subject, in the absence of a comprehensive study which would have required more data than those made available. Hereafter are, therefore, the salient features of the support of African financial institutions to the economic integration process in Africa, as it stems from the replies to ECA's questionnaire