Africa Must Industrialize

Africa has seen remarkable economic growth since the turn of the millennium. It has become the second fastest growing region in the world and continues on this path despite the persistent global economic slowdown. To be sustainable and inclusive, this progress must now be accompanied by structural transformation, which remains the only option to lift the people of Africa out of poverty. To fully benefit from its rich natural resources and to reap the benefits of the demographic dividend, Africa must industrialize. The 2030 Agenda for Sustainable Development and Sustainable Development Goal 9 recognize the centrality of inclusive and sustainable industrialization for development. African leaders made a bold statement towards inclusive growth and sustainable development in their own Common African Position on the post-2015 development agenda and the African Union’s 50th Anniversary Solemn Declaration, culminating in Agenda 2063, and its First Ten Year Implementation Plan. The AUC, OSAA, UNECA and UNIDO fully commit themselves to support Member States in their calling upon the General Assembly to pass in 2016 a resolution for a Decade of African Industrialization 2016-2025.

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Bibliographic Details
Format: Press release biblioteca
Language:eng
Published: 2015-09
Online Access:https://hdl.handle.net/10855/36199
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Summary:Africa has seen remarkable economic growth since the turn of the millennium. It has become the second fastest growing region in the world and continues on this path despite the persistent global economic slowdown. To be sustainable and inclusive, this progress must now be accompanied by structural transformation, which remains the only option to lift the people of Africa out of poverty. To fully benefit from its rich natural resources and to reap the benefits of the demographic dividend, Africa must industrialize. The 2030 Agenda for Sustainable Development and Sustainable Development Goal 9 recognize the centrality of inclusive and sustainable industrialization for development. African leaders made a bold statement towards inclusive growth and sustainable development in their own Common African Position on the post-2015 development agenda and the African Union’s 50th Anniversary Solemn Declaration, culminating in Agenda 2063, and its First Ten Year Implementation Plan. The AUC, OSAA, UNECA and UNIDO fully commit themselves to support Member States in their calling upon the General Assembly to pass in 2016 a resolution for a Decade of African Industrialization 2016-2025.