novembre 23, 2022
This is a joint Statement of the AUC, AUDA-NEPAD, UNIDO, UNECA on the occasion of the Africa Industrialization Day
Theme: “INDUSTRIALIZING AFRICA: RENEWED COMMITMENT TOWARDS INCLUSIVE AND SUSTAINABLE INDUSTRIALIZATION AND ECONOMIC DIVERSIFICATION”.
Excellencies,
Ladies and gentlemen,
(... ...) The disruption of global supply chains also opens a window of opportunity to harness a strategic commodity-oriented industrialization in a climate friendly manner. Africa has the huge potential of embracing this shift through targeted investments in commodity value chains including in the framework of the Africa’s Mining Vision that sets actionable priorities for Africa’s mining sector that can become a key enabler of a diversified, vibrant and globally competitive industrial African economy. Accelerating productive transformation in this strategic sector requires a strategic shift from the traditional extraction and export of commodities to massive investments in productive transformation and industrialization in Africa. This need and can be done if there is a renewed commitment by all parties, public and private to transform African commodities as a means to widen continental economic opportunities through innovation and jobs creation.
In this regard, we call upon African governments to continue stepping up their efforts in improving Africa’s business and investment environment. The immediate domestication and implementation of the African Union Commodity Strategy is therefore key as it effectively articulates all these issues and provides a turn key solution for the utilization of the African Commodities sector. Efforts in that direction are already tremendous and need to be further strengthened to turn Africa’s potential to real business opportunities for the good and wellbeing of African citizens.
On the environment side and in order to address the growing challenges, Africa also needs to undertake deliberate actions. Although Africa accounts for a negligible 3% of cumulative worldwide CO2 emissions. historically it is faced with magnitude effects of climate change and extreme weather events that disproportionately affect the continent, with severe economic, social, and environmental consequences. This calls for massive investments for adaption. According to estimates by the African Development Bank, Africa received 3% of global climate financing and will be faced with a climate financing gap of about $100 billion to $127 billion per year through 2030 if corrective investment measures are not taken now.
Despite global consensus and commitments under the Paris Agreement, it is important to note that the current climate financing architecture is not meeting the substantive needs of Africa. Estimates by the African Economic Outlook of the African Development Bank shows that Africa will need between 1.3 and 1.6 trillion dollars between 2020-2030, or $118 billion to $ 145 billion annually, to implement its commitments to the Paris Agreement and its nationally determined contributions.
The private sector should be seen as an excellent engine for Africa’s industrialization, economic transformation and growth and for this to happen, we need to appropriately empower it. To this end, certain conditions need to be met including climate-proofed ‘hard’ and ‘soft’ infrastructure; stable macroeconomic conditions; an educated, skilled and healthy workforce; and access to financial services. Africa’s private sector also needs to strive for more gender equality and women empowerment if it is to be globally competitive, and for this to result in significantly more intra-African trade in the context of the African Continental Free Trade Area. We recommit to strategically partner with the private sector and strengthen efforts in building a competitive private sector that will be an engine for industrialization and productive transformation to achieve sustainable economic growth and create economic opportunities for African citizens, most notably its women and youth. In this regard, we shall endeavor to deploy targeted support to women and youth as key actors of the industrialization, economic transformation, and growth of the continent, to harness their potential and increase their livelihoods with multiplier economic effects.
As we salute the efforts made so far towards Africa’s industrialization, we remain conscious of the tremendous efforts needed to unlock the potential of productive transformation in the world’s most promising continent. Therefore, we need to rethink Africa’s strategic engagements with partners to always put African priorities at the center of international negotiations. In this regard, we call upon the international community to strengthen support to Africa’s industrialization and economic transformation efforts.
With this background we recall the need to redouble our effort to the implementation of the Action plan for the Accelerated Industrial Development in Africa. Whilst this program was adopted 14 years ago, it has suffered in its implementation. We therefore call upon African Union Member States and international partners to reprioritize its implementation as part of their renewed commitment to Africa’s Industrialization and economic diversification.
Delivering on the commitments made in support of Africa’s industrialization, vulnerability to climate change and other threats is not a call for charity but rather a call for justice and equal sharing of the burden of common challenges. International cooperation should work to supplement African efforts to address challenges of climate change with a view to achieving inclusive and gradual transition to green growth. A peaceful, united and prosperous Africa which effectively plays its role in the geopolitical and economic world order, constitutes an asset for humanity.
As we gather here in Niamey, Niger, for the celebration of the Africa Industrialization Day which marks the opening of the Africa’s Industrialization week-long celebration, we praise the leadership of the Union that will come together on the 25th of November during the Extraordinary Assembly on Industrialization, Economic Diversification and the African Continental Free Trade Area to pronounce action-oriented decisions with a binding action plan aimed at accelerating continental transformative processes with a view to building an island of prosperity that will create exponential economic opportunities for millions of Africans in the coming decades.
With a strong and united voice, the African Union Commission, the African Union Development Agency (AUDA-NEPAD), the United Nations Industrial Development Organization (UNIDO) and the United Nations Economic Commission for Africa (UNECA) call upon African and global leaders to amplify their efforts to create a space that unlocks the immense potential of Africa through the implementation of the Vision, Aspirations and Goals sets in Agenda 2063 and the United Nations Sustainable Goals (SDGs). This is time to move from commitments to actions through implementation.
We wish you fruitful and happiest commemoration of the Africa Industrialization Day 2022.