Manufacturing is key to Prosperity

Diposting oleh Unknown | Label: commodities, entrepreneurship, informal economies, manufacturing, markets, poverty reduction, self-sustanance, SME's, trade, wealth creation

In The Banker Africa Export Import Bank's Jean-Louis Ekra states:

Creating more wealth through local entrepreneurs producing goods that are value added will produce local wealth.
Once you diversify away from commodities you are less subject to volatility. If more and more African countries produce finished goods then we can trade among ourselves and new markets would open up.
China has become a market today but 20 years ago people were saying it would never have any [internal] purchasing power. What has happened in-between is that China created wealth and that is what Africa needs to do.

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