28 min
How to kick-start the manufacturing sector in Africa Opportunité Africa
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- Investing
Generally, the manufacturing sector in Africa is weak – only a few countries have a solid manufacturing ecosystem. However, there’s a growing interest by governments to set up manufacturing locally, particularly after the implementation of the African Continental Free Trade Area. The agreement allows companies with better industrial development to obtain raw materials from neighbouring countries: Ghana, Ivory Coast and Senegal, for example, can support interior countries like Burkina Faso, Mali and Niger.
Saikat Chowdhury, the Managing Director of NivéSal – a Singapore-based firm involved in project engineering solutions for developing countries, discusses how African countries can kick-start manufacturing locally to drive investment.
Generally, the manufacturing sector in Africa is weak – only a few countries have a solid manufacturing ecosystem. However, there’s a growing interest by governments to set up manufacturing locally, particularly after the implementation of the African Continental Free Trade Area. The agreement allows companies with better industrial development to obtain raw materials from neighbouring countries: Ghana, Ivory Coast and Senegal, for example, can support interior countries like Burkina Faso, Mali and Niger.
Saikat Chowdhury, the Managing Director of NivéSal – a Singapore-based firm involved in project engineering solutions for developing countries, discusses how African countries can kick-start manufacturing locally to drive investment.
28 min