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Tag: Industrialization

Transforming Africa: The Intersection of Innovation and Industrial Growth

December 19, 2024
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| Africa, News

Elizabeth Antidius Shumbusho | Africa Guardian As 2024 comes to a close, the recent Africa Industrialization Day provided a timely opportunity to reflect on the continent’s progress toward sustainable development and the critical role technological innovation, enhanced trade, and increased productivity play in driving economic growth. UN Secretary-General António Guterres highlighted the promise of the African Continental Free Trade…

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Africa becomes next global manufacturing powerhouse

August 16, 2024
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| Africa, Industrialization, News Update

The lack of financing options, particularly for small and medium-sized enterprises (SMEs), stifles innovation and hinders business growth. Africa is rapidly positioning itself as a key player in the global manufacturing landscape, offering unprecedented opportunities for growth and investment. With manufacturing contributing over 10.5 percent to the continent’s GDP, Africa is on the cusp of a manufacturing revolution, driven…

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Africa Roundtable Positions U.S. as a Critical Energy Ally at African Energy Week (AEW) 2023

October 19, 2023
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| Energy, News

A high-level roundtable discussion at the 2023 edition of African Energy Week (AEW) highlighted how the U.S. and African countries can continue to partner across technology, policy and investment. The session began by delving into the U.S.’ relationship with Equatorial Guinea – in which it is the largest single foreign investor  – and emphasized the need to identify bankable…

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