Public-private partnerships crucial to foster digital development of industry and trade in southern Africa
Industrialization cannot be economically viable without trade and trade cannot bring significant benefits to southern Africa without industrialization, says Sizo Mhlanga, Acting Director of the Economic Commission for Southern Africa (ECA SRO-SA). Speaking at a Conference of Ministers of Finance (COM2021) side event held Saturday, Mr. Mhlanga said, “These two economic forces must be developed together. And when it comes to trade in Africa, more of it should come from the region itself, to allow the region to industrialize and reduce its dependence on volatile global markets.” The side event was organized to analyse and discuss the role that digitalization can play and should play in fostering trade and industrial development in the region and what such a role implies for public-private partnerships in southern Africa, be it in the areas of building soft and hard digital infrastructure, addressing skills gap, addressing competitiveness challenges for companies, relieving the financing gaps of countries in the region, and enhancing cross border trade.
| Format: | Press release biblioteca |
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| Language: | eng |
| Published: |
2021-03
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| Online Access: | https://hdl.handle.net/10855/45874 |
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