Africa must industrialize: 10 key points that African leaders committed to at the just concluded summit on industrialization and economic diversification.
Nov 25, 2022 – With increasingly growing concern over the slow progress in the implementation of the Industrial Development Decades for Africa (IDDA) I, II and III; the Strategy for the Implementation of the Action Plan for Accelerated Industrial development of Africa (AIDA); and other continental strategies and programmes relevant to industrialization, structural transformation and development towards the achievement of the African Union Agenda 2063, African leaders have committed to far-reaching and firm decisions to accelerate industrialization, economic diversification and trade on the continent, with full ownership by the citizens.
The leaders reaffirmed their determination to ensure that Africa’s industrialization and economic diversification is financed in a predictable manner and with the urgency of identifying and addressing the impediments to productivity and growth through infrastructural development, energy, access to finance, digitalization, innovation, and skills development to achieving economic diversification.
More… https://au.int/en/pressreleases/20221201/africa-must-industrialize
PHOTO: African Union website
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