Towards a new industrrial policy in Africa: Industrial diagnosis and strategy design

The analysis of Africa’s industrial performance in the previous chapters suggests that most countries in the region are still struggling to develop a competitive manufacturing sector. But there is at the same time a growing consensus that African countries have to diversify their production and export patterns to reduce vulnerability to shocks, to boost growth, to provide employment opportunities and to enhance their integration into the global economy. Against this background, there is an increasing interest amongst African policymakers in the potential role of industrial policy in the region. But at the same time they are searching for a new approach which does not repeat the mistakes of the past. The rest of this Report discusses key elements of new industrial policy in Africa.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities

Partnerships for the Goals