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Commodity-based industrialization key to long-term development in Africa

Posted on 24 April 2013

Sweeping political and economic changes over the last half century have set the stage for Africa’s emergence as a global economic power, and the continent should take advantage of that opportunity through a commodity-based industrialization strategy, according to United Nations economic report.
“Massive industrialization based on commodities in Africa is imperative, possible, and beneficial”, states the 2013 edition of the Economic report on Africa, co-authored by the United Nations Economic Commission for Africa (ECA) and the African Union and launched at an event at the UN’s New York Headquarters this afternoon………………………………………..Full Article: Source


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