Africa’s industrial transformation Archive

AfDB, AU, UN agencies pledge more action for Africa’s industrial transformation

Implementation to be anchored on AfDB’s Industrialize Africa Strategy Abidjan, Côte d’Ivoire, September 22, 2017 – The African Development Bank (AfDB) on Thursday, September 21, 2017, joined partners from the African Union Commission, African governments, key United Nations agencies and development finance institutions to renew support for African countries’ industrialization. The partners also agreed to

Unlock the potential of African entrepreneurs to accelerate Africa’s industrial transformation, says the African Economic Outlook 2017

Ahmedabad, India, May 22, 2017 – African governments need to integrate entrepreneurship more fully into their industrialisation strategies, according to the African Economic Outlook (AEO) 2017 released Monday, May 22 at the African Development Bank Group’s 52nd Annual Meetings. In 2016, Africa’s economic growth slowed down to 2.2% from 3.4% in 2015 due to low