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Industrialize Africa

16-May-2019

Africa has reached a turning point in its history, when it should capitalise on the benefits of 20 years of steady growth, coupled with favourable demographics, growing internal markets, urbanisation and technological developments that are accelerating the pace of industrialisation. Buoyed by plentiful extractive and raw commodities, rapidly growing services (telecommunications, ICT, banking), the retail and manufacturing sectors and profiting from easier business regulation and better governance, Africa’s economic pulse has maintained an average overall rate of 5% GDP growth over the last two decades and the African pulse is ready to beat even faster over the next decade

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