AFRICAN DEVELOPMENT BANK CALLS FOR FASTER INDUSTRIALISATION OF AFRICAN ECONOMIES

November 26, 2020 Namibia Economist 0 Comments

The African Development Bank on Africa Industrialization Day 2020, urged the continent to accelerate industrialization for the transformation of African economies.

The African Development Bank counts Industrializing Africa as one of its High-5 key strategic aims, critical for the transformation of African economies.

“Industrialization, where we add value to what we competitively produce and then export, and also trade among ourselves on the back of the AfCFTA within a market of 1.3 billion people, should be prioritized and delivered,” said Solomon Quaynor, the Bank’s Vice President, Private Sector, Infrastructure & Industrialization, in a message marking Africa Industrialisation Day. Read More.

Leave a Reply:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.