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Browsing: Supply chains
The United Nations Conference on Trade and Development (UNCTAD) recently published the Economic Development for Africa 2023 Report. The document, titled “The Potential of Africa to Capture Technology-Intensive Global Supply Chains,” looks at Africa’s capacity to become a prominent player in global supply chains for “high-technology” industries, which include automobiles, mobile phones, green energy, and healthcare.…
The challenge facing the EAC is not the lack of natural resources but the lack of high-tech industries. China is a perfect example of a country that transformed from an agricultural civilisation to an industrial one. More than 850 million individuals have been lifted out of poverty due to recent economic growth brought about by China’s industrialisation.
Without involvement in the fourth industrial revolution, the East African Community would never be able to escape its state of backwardness. Therefore, the DRC will catalyse industrial transformation inside the East African Community, Africa and the world.…
To turn around their fortunes, companies are currently working at about half their capacity when it comes to their performance.…