António Guterres urges Africa to embrace green economy in message for Africa Industrialization Day Updated for 2021

82,122FansLike
2,966FollowersFollow
2,690SubscribersSubscribe
82,122FansLike
3,122FollowersFollow
2,690SubscribersSubscribe

Updated: February 28, 2021

United Nations Secretary-General António Guterres urged African leaders on Wednesday to pursue an economic growth that benefits both people and the planet.

Mr. Guterres made the appeal in his message for Africa Industrialization Day, observed annually on 20 November.

[read_more id="2" more="Read full article" less="Read less"]

Thousands of African policymakers and industry leaders are in Addis Ababa, the Ethiopian capital, for the 2019 Africa Industrialization Week at the African Union Headquarters. It is holding 18-20 November 2019.

It is a massive gathering of industrial policymakers, private sector leaders, civil society and development cooperating partners.

Their aim is to strategize on how to better place Africa’s industrial sector.

Guterres said industrial development is “of critical importance” for sustained and inclusive economic growth in African countries.

His call came as African countries gear up to implement an historic free trade agreement.

Launched last year, the African Continental Free Trade Agreement is expected to usher in a market of least $3 trillion and a consumer base of more than one billion.

As part of a UNDP-led green renovation project, technicians install solar panels at a police academy in Rajaf, South Sudan. (21 August 2018)UNDP/Louis Fourmentin

While manufacturing on the continent has been growing faster than the world average, he said it will need to speed up

At the same time, the manufacturing sector is projected to double by 2025, creating millions of jobs.

“I call on African countries to adopt a holistic approach to industrial policy, pursuing, through stronger multi-stakeholder partnerships, green and clean industrialization strategies that promote equitable economic opportunities and take into account the urgency of addressing the climate crisis,” said Mr. Guterres.

The Secretary-General underscored international commitment to Africa’s sustainable development, with the UN General Assembly proclaiming the period from 2016-2025 the Third Industrial Development Decade for Africa.

As a result, the UN Industrial Development Organization (UNIDO) will scale up technical assistance to countries on the continent.

The agency also will partner with other UN entities on initiatives in areas such as technology transfer, agribusiness value chain development, renewable energy and development of special economic zones and industrial parks.

[/read_more]

Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

TRENDING

Human Rights Watch concludes Abiy Ahmed’s soldiers bombed civilians to death, schools, hospitals and markets in Tigray region

Ethiopian federal forces carried out apparently indiscriminate shelling of urban areas in the Tigray region in November 2020 in violation of the laws of war, Human Rights Watch said on Wednesday. Artillery attacks at the start of the armed conflict struck homes, hospitals, schools, and markets in the city of Mekelle, and the towns of Humera and Shire, killing at least 83 civilians, including children, and wounding...

Stay connected

[/read_more]

[read_more id="2" more="Read full article" less="Read less"]

error: Alert: Content is protected !!
Share
Tweet
Reddit
Pocket
Share
More