Sifiso Skenjana writes:
The pace of global interconnectedness has been the subject of many a discussion, but perhaps an element that has yet to be explored in depth is its effect on the growth path of several African economies.
A country would traditionally start as an agrarian economy and progress to an industrial one, then mature into a services-led economy. Many African countries, however, did not follow this path - a big part of the industrialisation phase was missed in the quest to compete on a global scale. In fact, sub-Saharan Africa has on aggregate been deindustrialising over the past 15 years...[more]