Namibia looks to in­dus­tri­al­iza­tion

China Daily (USA) - - BUSINESS -

Africa should vig­or­ously pur­sue an in­dus­tri­al­iza­tion agenda be­cause it was the only sure way of break­ing the cy­cle of poverty on the con­ti­nent, ac­cord­ing to Namib­ian Pres­i­den­tHage Gein­gob. “In­dus­tri­al­iza­tion will en­able us to ex­pand our pro­duc­tive ca­pac­i­ties which will in turn en­able us to make max­i­mum use of our nat­u­ral re­sources so that we are able to cre­ate em­ploy­ment op­por­tu­ni­ties for our peo­ple,” he said of­fi­cially open­ing on Satur­day Zam­bia’s premier agri­cul­ture and com­mer­cial event, the 90th Agri­cul­tural and Com­mer­cial Show, in Lusaka, the coun­try’s cap­i­tal.

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