Africa can play a major role in global supply chains for high-technology sectors like automobiles, mobile telephones, renewable energy and healthcare. “This presents to position the continent as the new destination for global supply chains,” the report points out,” the report says. Supply chain hurdles African countries face, include poor logistics, low levels of technology, fragmented markets, limited capital sources, and weak institutions and regulations. The report cites South Africa, Morocco, Algeria and Egypt, as examples of countries with supply chains in the automobile markets. Healthcare industryIncrease demand and access to medicine by promoting pooled procurement and financing programmes like the Africa Medical Equipment Facility and the Africa Medical Supplies Platform.

Source: The North Africa Journal August 17, 2023 09:18 UTC