Industrialization for
Development
Industry
can enhance productivity, increase the capabilities of the workforce, and
generate employment, by introducing new equipment and new techniques.
Industrialization, with strong linkages to domestic economies, will help
African countries to achieve high growth rates, diversify their economies and
reduce their exposure to external shocks. This will substantially contribute to
poverty eradication through employment and wealth creation.
The
success of Africa’s industrialization programme will require the creation of
enabling environment that enhances domestic capacity in respect of physical and
social infrastructure, human capital, financial systems, research and
development (R&D), technology, and governance.
Fostering Trade and
Accelerating Industrialization
In
2008, the African Union adopted an "Action Plan for Accelerated
Industrial Development of Africa," collaborating with the United Nations
Industrial Development Organization (UNIDO) and the United Nations
Economic Commission for Africa (UNECA).
In
2015, African countries signed up to two important development agendas: the
global 2030 Agenda with 17 Sustainable Development Goals (SDGs), which aim to
leave no one behind as countries develop, and Agenda 2063 of the African Union,
which sets out a blueprint for "the Africa we want."
On 22 March 2018, 44
member States of the African Union signed the Agreement Establishing an African
Continental Free Trade Area (AfCFTA), thus creating a single African market for
goods and services.
About the Observance
Within the framework of
the Second Industrial Development Decade for Africa (1991-2000), the United
Nations General Assembly, in 1989, proclaimed 20 November “Africa
Industrialization Day”. Since then, the United Nations System has held events
on that day throughout the world to raise awareness about the importance of
Africa’s industrialization and the challenges faced by the continent.
This year, the
celebration of the African Industrialization Day, "Positioning African
Industry to supply the African Continental Free Trade Agreement (AfCFTA)
Market," will raise awareness in the international community on the
challenges and opportunities for Africa's industrialization within the
framework of the newly created African Continental Free Trade Area.
A number of events,
organized to celebrate the Day, are taking place within the framework of the
Third Industrial Development Decade for Africa, proclaimed by the United
Nations General Assembly in its resolution A/RES/70/293, adopted on 25 July
2016.

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