Title

Report Launch: 2017 Economic Report on Africa
Urbanization and Industrialization for Africa’s Transformation
Saturday, March 25, 2017
Dakar, Senegal

ERA 2017

ERA 2017 Cover Image

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Documents

Report Launch

Date: 25 March, 2017

Time: 14:00 – 16:00

Venue: King Fahd Hotel, B01

Background:

Structural transformation is a top priority for Africa to achieve its long term development goals. However, the continent is faced with the challenge of maintaining and transforming its rapid economic growth into sustained and inclusive development, based on a new growth model through economic diversification.

Against this backdrop, the 2017 edition of ECA’s flagship Economic Report on Africa (ERA) examines how to accelerate industrialization as a vehicle for structural transformation in Africa by harnessing the opportunities arising from rapid urbanization. Titled,” Urbanization and Industrialization for Africa’s Transformation,” the report provides a robust assessment of the bi-directional association between industrialization and urbanization in Africa, including through actual practice and experiences using eleven case countries, as well as select evidence from other countries and cities.

Objective:

The main objective of this side event is to share key findings of the ERA on Urbanization and Industrialization for Africa’s Transformation.  The event will provide evidence-based information to policymakers and other stakeholders on how urbanization could be harnessed for Africa’s industrialization to achieve inclusive structural transformation.

Expected Outcomes

The event is expected to enhance knowledge and commitments to leverage urbanization for industrialization as a vehicle for structural transformation. The key findings and policy anchors to leverage urbanization for industrialization will be shared. Policy makers and other stakeholders will have an opportunity to consider and deliberate on the implications for national strategies particularly with respect to development planning, industrialization and urbanization.

Target audience

-          Officials of the ministries of finance, economic planning and industry

-          National and regional planners

-          Investors

-          Civil society and the private sector

-          Policy makers

For further information please contact:

Semia Guermas Tapia, Social Development Policy Division (Stapia@uneca.org, + 251-115-44-3794)

Hopestone Chavula, Macroeconomic Policy Division (HChavula@uneca.org, +251 11 544 3455)