Africa Industrialization Day 2023; November 20th.

FORUM: “Accelerating Africa’s Industrialization Through the Empowerment of African women in Processing for an Integrated Market.” Africa Industrialization Day 2023. This year’s AID is being held to build more policy advocacy on the continent’s industrialization agenda, as well as the organization of the 2nd Edition of the African Women in Processing Summit. The theme will focus on the critical role of women-led enterprises in driving Africa’s industrialization through processing and value addition, and will highlight integration of women entrepreneurs in African markets under the African Continental Free Trade Area. With intra-African trade dominated with manufactured products, there is a huge potential for women to take up more roles in manufacturing as a pathway to the African continent’s structural transformation, economic inclusion as well as job creation. Follow the conversation with the hashtags: #AccelerateafricasIndustrialization, #AIW2023, #integratedmarket, #AfricaIndustrializationDay, #Industrialization, #20november, #AfricaIndustrialization, #AfricaIndustrializationWeek, #IndustrializingAfrica.

EVENTS: On November 20th, from 1:15 – 2:15 PM (EST) a high level event jointly organised by the United Nations Industrial Development Organization (UNIDO), the African Union Economic Development, Tourism, Trade, Industry, Mining (ETTIM), the African Union (AU) Permanent Observer Mission to the United Nations to mark the Africa Industialization Day 2023 will be held at the Permanent Observer Mission of the African Union to the United Nations. The event will bring together representatives of African states, other Member States, regional entities, and partner organizations of the UN system supporting Africa’s sustainable development. It will consist of a few high-level statements and a buffet lunch. During the Africa Industrialization week 2023 in Cairo, Egypt from November 09th to November 15th. Participants had the opportunity to learn about the Economic Commission for Africa’s (ECA’s) impactful contribution to regional integration and trade initiatives in Africa. Through its Regional Integration and Trade Division (RITD), ECA showcased some of its new and existing strides toward reshaping Africa’s economic landscape. Get the AID2023 agenda programme!

Launch of the "Industrial policy for a fair globalization" Industrial Development Report 2024.

The UNIDO’s Industrial Development Report 2024 calls for bold policy initiatives to channel investments into sustainable industry, which holds great potential for facilitating recovery and accelerating progress. When industry is aligned with the SDGs, it can ignite innovation, create decent jobs and contribute to the mitigation of climate change. The strong resurgence of industrial policy worldwide highlights a renewed interest in the power of industry to solve today’s challenges. This resurgence is primarily driven by the world’s most industrialized countries. Developing countries must match these efforts to fully leverage industrial policy for the achievement of the SDGs. Domestic efforts alone will not suffice. The report urges the international community to come together in solidarity to support the world’s most vulnerable countries. We need a New Deal for fair globalization and global solidarity with a renewed spirit of international partnership, enabling developing countries to design, finance and implement SDG-oriented industrial policies. The report puts forth actions to bolster modern industrial policy capable of addressing the trends of tomorrow. This calls for enhancing government capabilities, increasing access to finance and promoting regional and global coordination.

Discussion Points: Industrial policy solutions for fair globalization.

Objective: A high-level debate around industrial policy involving policymakers across different regions on industrial policy solutions for a fair future. The debate will be prompted by key findings of the IDR 2024, presented in an overview document that will be available in digital and printed formats. Read the Concept note.

PUBLICATIONS: African economies remain resilient amid multiple shocks. The theme of the 2023 African Economic Outlook is Mobilizing Private Sector Financing for Climate and Green Growth in Africa. Learn more by reading the Transcript of Africa’s Regional Economic Outlook provided by the IMF. Download the African Economic Outlook 2023.

WEBINARS: