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Industrialization: Recipe for jobs and Wealth Creation

Bienvenu-Magloire Quenum of Africa Biz Online writes that the "...The industrialization process will create a larger consumers' base in each African country with higher purchasing power. Therefore, the dependence towards overseas markets would be less important in a first stage. Otherwise, selling raw agricultural products - cotton, coffee, cacao beans to name the few, will lead SSA countries to a dead end of continued poverty. Negotiation rounds at the World Trade Organization will not give any reprieve to African farmers. The solution is to process the agriculture products to satisfy national market first and second African regional markets. Overseas markets coming as a last conquest...".Intra-regional trade largly informal and unsupported is centerpiece to rebuilding a viable trading ecosystem.

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