Talk of ‘African Renaissance, Fastest Growing Economies’ Misplaced - Eritrean OfficialSeptember 24, 2017 - Africa remains the most marginalized of all continents, and therefore talk of an ‘African Renaissance’ and of ‘fastest growing economies’ is misplaced and premature, Eritrea’s top foreign affairs official told the United Nations General Assembly. Eritrean minister for Foreign Affairs Osman Saleh Mohammed also noted that processing of primary products, value-addition, industrialization, technology development barely exists. African economies, physical and social infrastructure, institutional and governance structures, peace and security architectures remain undeveloped. “Africa remains a producer and small-bit exporter of primary products. Yet, Africa boasts tremendous human and natural resources; indeed, over 60 per cent of global natural resources lie in Africa.

Source: Ethiopian News September 24, 2017 18:00 UTC