Insights
Africa’s SEZs can be more than factories in enclaves—they can be engines of transformation. When zones link local producers and SMEs into their supply chains, the multipliers are huge: jobs, exports, fiscal revenues, and skills. The question is—can Africa scale this integration-focused model into its new industrial standard ?
Infrastructure is vital for economic growth, yet building costs in Sub-Saharan Africa far exceed those in Europe. High import duties, labor shortages, political instability, and challenging terrains inflate expenses. Additionally, reliance on outdated technology and foreign expertise further complicates and increases costs. Addressing these issues is essential for affordable and sustainable development in the region.
A post-pandemic Africa does not need to lead to financial ruin for the African entrepreneur and, indeed, adaptation to the new normal can present opportunities for innovative small businesses on the continent. This article provides a guide for African business owners on how to identify new opportunities.
