Industrial development is of critical importance for sustained and inclusive economic growth in African countries. Industry can enhance productivity, increase the capabilities of the workforce, and generate employment, by introducing new equipment and new techniques. Industrialization, with strong linkages to domestic economies, will help African countries achieve high growth rates, diversify their economies and reduce their exposure to external shocks. This will substantially contribute to poverty eradication through employment and wealth creation.

Within the framework of the Second Industrial Development Decade for Africa (1991-2000), the United Nations General Assembly, in 1989, proclaimed 20 November “Africa Industrialization Day” (A/RES/44/237). Since then, the United Nations System has held events on that day throughout the world to raise awareness about the importance of Africa’s industrialization and the challenges faced by the continent.

Please find detailed information about the side events, which will take place during the Africa Industrialization Week 2021 (20-24 November). All events will be held virtually. The Summit on Industrialization and Economic Diversification, scheduled from 19 to the 24 of November 2021, has been postponed and will be convened in 2022.

Please find the text of Li Yong's statement here.