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date: 17 October 2019

Abstract and Keywords

This chapter examines the role of industrialization, including economic activities such as manufacturing, in Africa’s structural transformation. It begins by providing an overview of the African manufacturing sector and how industries without smokestacks, particularly tradable services and agro-industry, have broadened the range of options for growth-enhancing structural change. It then explains why there is so little industry in Africa and considers the necessary changes in public policy that would accelerate structural change. The chapter also discusses the role of natural resources in promoting structural change and economic growth in Africa before concluding with an evaluation of a strategy for the continent’s industrial development.

Keywords: industrialization, manufacturing, Africa, industries, tradable services, agro-industry, structural change, public policy, natural resources, economic growth

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