The African continent is experiencing an upsurge in industrial activity across various sectors like processed food and automobile manufacturing. Projections suggest that a number of African industries could potentially double their production output to nearly $1 trillion within the next decade.
The primary driver behind this growth is anticipated to be the manufacturing sector, which aims to reduce reliance on imports and cater to the increasing local demand.
Importantly, there's a significant opportunity for Africa to become a major player in global manufacturing exports. As industries worldwide seek to diversified and seek alternatives to different manufacturing hubs due to rising costs, Africa presents itself as a promising destination with lower production costs, coupled with improved infrastructure and growing youth and educated workforce.
Within this context, we have partnered with ARISE for an official side event of The Africa Debate - UAE, bringing together key policymakers, investors, and industry leaders to explore Africa’s manufacturing potential and the role of industrialisation in driving sustainable economic growth
In partnership with
