In an effort to develop regionally-driven recommendations for accelerating integration and industrialization in Africa, a high-level event is set to take place in Dakar, Senegal, on Sunday. The meeting will engage actors and knowledge networks to share experiences and expertise, according to the press statement from the organizers. It will also identify opportunities to leverage development cooperation, support infrastructure development and industrialization-promoting efforts such as Africa’s Continental Free Trade Area (CFTA) aspiration. ECA’s Chief of Industrialization and Infrastructure Section in the Regional Integration and Trade Division, Soteri Gatera, says industrialization and infrastructure development are crucial for the successful transformation of African economies. The third Industrial Development Decade for Africa (IDDA III) UN resolution, the Africa Union’s Agenda 2063 and the Sustainable Development Goals (SDGs) all emphasize the role industrialization can play in meeting their objectives, with infrastructure development as a necessary enabler.

Source: News Business Ethiopia March 20, 2017 14:15 UTC