AfCTA and the Trajectory of Industrialisation and Development Sustainability in Africa

Abstract

In 2018 the African Union Commission launched the first “Africa Industrialisation Week” to promote regional value chains development in Africa, to provide “A Pathway for Accelerating Africa's Structural Transformation, Industrialisation and Pharmaceutical Production”. This paper will investigate the trajectory and key elements of Africa's industrialisation. In particular, the paper will look into how the industrialisation will promote and enhance its sustainable development. Considered also will be harmonisation and regional integration; economic strategies beneficial for African countries; appropriate regulatory and policy regime; and issues structural transformation including reallocation of economic activities from less productive to more productive industrial sectors.