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con­ti­nent tran­sce of in­clu­sion and con­sid­er­ing its aph­ica role over the g de­mo­graphic growth ublingu of the African h e next few years, we hat pop­u­la­tion den­sity es with a set of chal­lenop­ment. We there­fore ruc­ture de­vel­op­ment dapt­able for eco­nomic, c in­dus­trial de­vel­opoury,o African coun­tries nal ap­proaches in their es. men, pres­i­dent of the ndn Au­to­mo­tive Trade ri­ica should de­fine its reapr the full ben­e­fits of hina.h fricanf a frame­work,Chi­ate­giesItis very well. rover on its strate­gies at on­alo and con­ti­nen­tal n says. s com­mit­ted to help­ing xp­pand t in should Africa,Ab­delti­nent lever­age pportp of de­vel­op­ment heh Mid­dle East and ntn and Morocco as the d be a strong African ene says. op­por­tu­ni­tieso in Africa, s d the po­ten­tial through­out toprod­uct­s­the ge­o­graph­i­calg lo­ca­tion of the equa­tor. ed by MD Ramesh, the -based Olam In­ter­nast Africa re­gions, who arna from China how it e farm­ers to in­crease odo weather and hu­man s ... com­pel the con­tito feed its pop­u­la­tion. thet first step to­ward Chi­naC is will­ing to help e through the chal­lenxt ex u e cheap step pro­duce. should tech­nol­ogy Inad­dier bead­du­ral to Africa that can play a key role in im­prov­ing the sec­tor, and the con­ti­nent’s food dis­tri­bu­tion should be im­proved, he says.

“Africa can use Chi­nese mas­tery in farm­ing, adding value to cheap tech­nol­ogy as well as lo­gis­tics and stor­age,” he says.

Chen Jian­hua, ex­ec­u­tive di­rec­tor of over­seas in­vest­ments for China-based Joyvio Group, says China has drawn ex­pe­ri­ences and lessons from its 30 years of open­ing-up and is will­ing to share these ex­pe­ri­ences with Africa.

“It is good that African gov­ern­ments pro­vide Chi­nese in­vestors with a con­sis­tent and re­li­able pol­icy frame­work where ev­ery­body plays on the same level field. I be­lieve Africa is full of qual­ity en­trepreneurs wait­ing for the op­por­tu­nity to par­tic­i­pate in eco­nomic de­vel­op­ment,” Chen says.

He adds that Chi­nese pri­vate-sec­tor in­vestors will only be at­tracted to Africa if they are as­sured of a con­ducive busi­ness en­vi­ron­ment. With this in place, African gov­ern­ments will have done a lot to set the stage for busi­nesses to flour­ish, he adds.

“We are ready to of­fer sug­ges­tions to African gov­ern­ments on good gov­er­nance poli­cies for sup­port­ing busi­ness, com­mu­nity and the coun­try,” Chen says.

Mean­while, He­len Hai, CEO of the Made in Africa Ini­tia­tive, says Africa should not worry about loss of jobs due to in­dus­tri­al­iza­tion. She says that if jobs were to be af­fected, that would oc­cur 15 years from now and would af­fect the ser­vice in­dus­try but not la­bor-in­ten­sive in­dus­tries.

She urges African coun­tries to bor­row a page from China in pur­su­ing their in­dus­tri­al­iza­tion.

In 1978, the GDP per capita in In­dia was 20 per­cent higher than China’s, she says, but to­day China’s GDP per capita is five times that of In­dia’s. Hai says this re­sulted from the two coun­tries tak­ing dif­fer­ent de­vel­op­ment paths.

In­dia took a ser­vice based de­vel­op­ment ap­proach, grow­ing at 4 to 5 per­cent per year, while China took the in­dus­tri­al­iza­tion de­vel­op­ment path, grow­ing at more than dou­ble dig­its, she says.

Hai says that be­cause China’s GDP per capita is ex­pected to dou­ble by 2025, the coun­try will be a high-in­come na­tion by then, at which point la­bor-in­ten­sive jobs will leave China. This will be a golden op­por­tu­nity for Africa to po­si­tion it­self to ab­sorb the jobs, she says.


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