Transformative Industrial Policy for Africa
As African countries’ economies have grown in recent years, sustaining such economic development has become a new priority. Recent market downturns have highlighted the need for upgrading commodity sectors through beneficiation and upstream development, and governments need to proactively encourage the growth of the manufacturing sector.
At the same time, the rise of global value chains has made the implementation of smart and strategic economic policies with effective management ever more important.
At this launch of the UN Economic Commission for Africa (UNECA) report Transformative Industrial Policy for Africa, Dr Carlos Lopes discusses the report’s findings and recommendations for economic policy-makers in African countries.
Photo credit: Gavin Houtheusen/Department for International Development