Browsing: Africa Industrialisation Day

People in factory. The 2021 Africa Industrialization Day comes just a week after the culmination of the COP26 in Glasgow. www.theexchange.africa

Albeit marred with difficulties, green manufacturing in Africa is possible and the continent stands to greatly benefit from the transition. It will promote inclusive economic transformation through domestic manufacturing and a commodity-based industrialization process, capitalizing on the continent’s resources and opportunities presented by the dynamic nature of the global structure of production.

Green industrialization has been identified as the holy grail of Africa’s socio-economic transformation; infusing green initiatives into value chain activities for instance, during sourcing and processing of raw materials to the marketing and selling of finished products. The Economic Commission for Africa (ECA) economic report on Greening Africa’s Industrialization, deduces that it is imperative for African countries to identify green industrialization entry points, set policies that support green industrialization and mobilize resources from the public and private sectors, as it is a precondition for sustainable and inclusive growth.…

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