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Banking in a Futuristic United Africa
By Emmanuel Ngwainmbi and Carole Muchendu

BusinessAfrica, Nov 15, 2007

African leaders met recently in Accra for a 3-day summit where they promoted the idea of a “Unitary Government for Africa”.Backing the idea up are none other than Libya’s President Muammar Ghadaffi, Zimbabwe’s President Robert Mugabe, Togo’s government as well as Burkina Faso’s government. Opposing the idea however are the bigger players in Africa including Nigeria’s former President Olusegun Obasanjo as well South Africa’s President Thabo Mbeki who are concerned at any initiative that would weaken their sovereignty or ability to act independently. Dr. Mandla Gantsho also brought up the subject in an interview and in his welcome speech during a recent workshop of the Regional Integration and Trade Department of the AfDB, attended by representatives from NEPAD, World Bank, Regional Economic Communities (RECs) and other partners.

According to Gantsho, the concept of a Unitary Government for Africa represents a vision of total unity for the people of Africa, living together in lasting peace, security and prosperity.
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