Captains of industry
Industrial development has made a huge contribution to Africa’s growth over the past decade in areas such as oil and gas, construction, manufacturing, and chemicals. With global demand for commodities fading in recent years, further industrialisation will deliver the benefits of economic diversification, while providing more jobs and reducing inequality. And greater regional integration and cross-border trade – both of which are being promoted by the African Union – should help the continent capitalise on its increasingly strong industrial sector.
Sector at a glance
- 29% - Industry’s share of GDP in Africa in 2016
- 9% of the continent’s jobs are in the manufacturing sector
- 57 million people across africa are employed in industry