Friday, November 22African Digital Business Magazine

Tag: industrialization

Africa’s industrialization progress in the past decade highlighted in new report
Main

Africa’s industrialization progress in the past decade highlighted in new report

Africa is making progress towards industrialization, with 37 of 52 countries becoming more industrialized over the past eleven years, according to a recent report. The African Development Bank, African Union, and United Nations Industrial Development Organization teamed up to produce the report, which shows that some African countries are making significant strides in developing their industrial sectors. The Africa Industrialization Index (AII) report provides a country-level assessment of 52 African countries’ progress across 19 key indicators. The report will enable African governments to identify comparator countries to benchmark their own industrial performance and identify best practices more effectively. The African Development Bank, the African Union and UNIDO jointly launched the...