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ECONOMIC DEVELOPMENT THROUGH INDUSTRIALIZATION
(AFRICA)
Africa:• Total population: 1.15 Billion
(14.7% of the world population)• 55 Countries • Economic super power?• Fundamental needs?
Africa
What does Africa need? Economic development Primary Industrial development Secondary Industrial development Tertiary Educational Research Reliable Electrical power Environmental sustainability Education (linked to local needs, leading to global market) Technical training (linked to local needs, leading to
continental development)
African development
ECONOMIC DEVELOPMENT THROUGH INDUSTRIALIZATION
(AFRICA)
Industrial linked development: Agriculture Manufacturing Chemical Power Forestry Environmental (Water and waste management)World Industries
ECONOMIC DEVELOPMENT THROUGH INDUSTRIALIZATION
(AFRICA)
Industrial sectors.
1:Primary (extraction)hunting fishing mining logging
agriculture
2:Secondarymanufacturing
refining assembling processing
3:Tertiarytransportation
communication utilities
4:Quaternary (producer services)
wholesale commerce insurance
legal services banking advertising
data processing
5:Quinary (consumer services)retail commerce medical
professions education government
recreation and tourism
note:
Not every scholar divides upthe economic sectors in
the same way. Economists often use a different
scheme.
ECONOMIC DEVELOPMENT THROUGH INDUSTRIALIZATION (AFRICA)
There is only one wealth creating industry
(Manufacturing)
Overview:
• The Economist during 2014, few countries have been
able to escape poverty without employing a significant
amount of their people in manufacturing activity.
• Factory activity accounted for 10% of Africa’s GDP over
the past decade.
• The manufacturing sector is widely considered to be
the ideal industry to drive Africa’s development due to
the labor-intensive, export-focused nature of the
business.
• No country in the world has developed
without producing light manufacturing.
ECONOMIC DEVELOPMENT THROUGH INDUSTRIALIZATION
(AFRICA)
Sector Report
Manufacturingin
Africa (2012)
kpmg.com/africa
Economic challenges. (Changes in Industrial focus)
Agriculture vs Oil Rural vs Urban Learning focus (competency based) Skills mismatch (technical and academic for industrial
development) Human factor (high youth unemployment)
Oil Industry
ECONOMIC DEVELOPMENT THROUGH INDUSTRIALIZATION
(AFRICA)
Agriculture.Manufacturing.Power generation.Waste Management.
Needs Focus:
Agriculture
Manufacturing
Power generation
Waste management
Economic Development through Industrialization (Africa)
Economic Development through Industrialization (Africa)
The goals to African Industrialization need the following parameters:
• Education (youth)• Industrial skills training (skilled work force)• Power generation through renewable means (waste to energy Biogas)• Agricultural mechanization (manufacturing of equipment)• Processing of Agricultural goods (manufacturing of processing equipment)• African Economic zone.
• There are economic opportunities in all of these parameters.• The training and Implementation has to be sustainable and by Africans. • The knowledge transfer is imperative to the success of investment.
Mission
To work in partnership and close collaboration with governments, colleges, schools, organizations, local communities and the industrial sector offering and promoting sustainable vocational, technical and entrepreneurial training for youth, and to promote science and technology education to children with innovative ideas and principles.
Vision
We envision the future development of a portable module of training where opportunities for such training and education for at-risk youth are not available in local communities. Our future aim is to institute portable forms of training to other locations in Canada and Africa . We will be developing an industrial entrepreneurial division that gives trained youth the experience they require for employment after training, giving this aspect of our Vision a sustainable connection to learning and work experience.
Economic Development through Industrialization (Africa)
Initial Focus: Organizations linked to Industrialization Political link to Governments Power and waste management Investment partners Technology needs (Manufacturing training)
Technological skills. (Needed) Mechanical Engineering Electrical Engineering Chemical Engineering Civil Engineering Bio-Chemical Engineering
Power generation using Biogas digestion
Industrial manufacturing training Agriculture
Waste management, organic and non organic
Ryerson University All
FacultiesStudent
Extension
Satellite Extension Project
Economic Development through Industrialization (Africa)