Manufacturing in Africa


2016-07-08 10:56:42
Description

Factory activity accounted for 10% of Africa’s GDP over the past decade. The manufacturing sector is widely considered to be the ideal industry to drive Africa’s development due to the labour-intensive, export-focused nature of the business. Indeed, as pointed out by The Economist during 2014, few countries have been able to escape poverty without employing a significant amount of their people in manufacturing activity. The Africa Progress Panel also sees some degree of manufacturing development as a prerequisite for sustained high economic growth on the continent.

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