No money, no movement, and a realization that most African countries lack economic diversity and resilience. And it means raising the standards within African supply chains to enable African firms to produce world class industrial products. The question becomes how to build the markets and supply chains needed to ensure Africa can provide for itself, including during emergencies. For example, Africa has several agricultural commodities on which regional value chains can be constructed. Fulfilling the African Development Bank’s High 5s priorities: Light Up and Power Africa; Feed Africa; Industrialise Africa; Integrate Africa; and, Improve the Quality of Life for the People of Africa, would address these challenges on multiple fronts and instrumentalize a tightly interconnected African market.

Source: Front Page Africa August 21, 2020 05:15 UTC