Carlos Lopes writes:
via How We Made itWhile the last 15 years have seen relatively high levels of growth driven by a commodity super-cycle and strong internal demand from a growing middle class, Africa is still dependent on commodities for most of its export earnings...More here
...I continue to call for accelerated industrialisation as key to the structural transformation of African economies. The deep focus on industrialisation in Africa demonstrates our commitment to ensure that policy research and statistics are strategically relevant to African governments’ priorities. The new industrial policies being developed by several member states and regional economic communities have greatly benefited from the research, statistics and debates generated by our focus on this critical subject.