African countries can’t industrialise? Yes, they can
Narratives are essential. Humans are, after all, “helpless story junkies”. Business and economic success depend much more than is commonly acknowledged on getting the narrative right. And if there is a narrative where getting it right or wrong matters hugely, it is the narrative about Africa’s industrial development.
Africa is the poorest continent. It is likely to be the most affected by climate change. It is the continent where terrorist groups are spreading fast.
Therefore, African industrialisation is essential. Unfortunately, the dominant narrative is that Africa has been de-industrialising, even prematurely. In this narrative, it is also questioned whether Africa can ever industrialise.… Seguir leyendo »