The Nigerien President Mohamed Bazoum, called today, Saturday, on African countries to encourage the creation of the African private sector, streamline the business environment, and unlock the energies of African entrepreneurs.
The Nigerian President said in the African Union Extraordinary Summit on Industrialization, Economic Diversification, and the AfCFTA in Niamey, that the convergence between the words industrialization and Africa was contradictory not long ago, but now the continent is on the right track.
Bazoum stressed that comprehensive, coherent and sequential industrialization cannot be achieved nor imposed except by creating a consensus between the public and private sectors to enable small and medium-sized enterprises and create good job opportunities.
The African Industrialization Index top ten countries by score 2022 showed that South Africa and Morocco occupied the first ranks in Africa in terms of industrialization, followed by Egypt, then Tunisia, Mauritius, Eswatini, Senegal, Nigeria, Kenya then Namibia.