Infrastructure and Industrialisation: Ensuring Sustainable and Inclusive Growth in Africa
Date:
6 September 2018Category:
Industry and Manufacturing, InfrastructureType:
Policy BriefsTags:
Infrastructure, Industry, AfricaPrint Article:
Africa’s economy is on a growth curve where development and investment plans must focus on the expansion of infrastructure, capacities, and institutions. Infrastructure development, which allows investing economies and companies to target the higher end of industrial value chains, will help to diversify the African economy and trade patterns, promote value-added production of goods and services, and boost consumption. Infrastructure planning and investment must be responsive to the development priorities of a country or subregion if infrastructure is to be an agent for growth and the narrowing of development gaps.