1. INDUSTRIAL DEVELOPMENT
African countries have demonstrated renewed commitment to industrialization as part of a broader agenda to diversify their economies, build resilience to shocks, and develop productive capacity for high and sustained economic growth, the creation of employment opportunities and substantial poverty reduction.
The strategic role of manufacturing in the development process is that it provides technology and innovation which are crucial for economic development and manufacturing has historically been the main source of innovation in modern economies. Furthermore, manufacturing is a major conduit for diffusion of new technologies to other sectors of the economy.