{"id":596402,"date":"2019-08-27T04:00:28","date_gmt":"2019-08-27T04:00:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/african-countries-have-the-potential-to-leapfrog-the-fourth-industrial-revolution\/"},"modified":"2019-08-27T04:00:28","modified_gmt":"2019-08-27T04:00:28","slug":"african-countries-have-the-potential-to-leapfrog-the-fourth-industrial-revolution","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/african-countries-have-the-potential-to-leapfrog-the-fourth-industrial-revolution\/","title":{"rendered":"African countries have the potential to \u201cleapfrog\u201d the Fourth Industrial Revolution"},"content":{"rendered":"

<\/a> Countries across Africa have the potential to \u201cleapfrog\u201d the Fourth Industrial Revolution<\/b>, with their \u201cstrong economic growth, increasing regional economic integration and diversification and young entrepreneurial demographic,\u201d Dow Chemical\u2019s president of sub-Saharan Africa Craig Arnold writes for the World Economic Forum<\/a>. The key to this growth, Arnold says, is doubling down on boosting manufacturing by creating an attractive investment climate and carefully crafting public policy that can support industry. That includes good governance, a regulatory environment that helps rather than hampers investment, and a legislative framework that protects investors.<\/p>\n

But it\u2019s not just any manufacturing:<\/b> Arnold says that African countries need to focus on \u201cadvanced manufacturing\u201d as opposed to \u201csub-optimal scale manufacturing.\u201d This means the development of a high value-added industrial base capable of supplying the world with cutting edge technologies. How do we do this? By sourcing cheap and reliable energy supplies, increasing trade, investing in education and training, building efficient relationships between public and private sectors, and optimizing the usage of resources, he says.<\/p>\n","protected":false},"excerpt":{"rendered":"

Countries across Africa have the potential to \u201cleapfrog\u201d the Fourth Industrial Revolution, with their \u201cstrong economic growth, increasing regional economic integration and diversification and young entrepreneurial demographic,\u201d Dow Chemical\u2019s president of sub-Saharan Africa Craig Arnold writes for the World Economic Forum. The key to this growth, Arnold says, is doubling down on boosting manufacturing by […]<\/p>\n","protected":false},"author":1,"featured_media":596403,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[7098,104,72,7196,131,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-africa","tag-economy","tag-enterpriseam","tag-industry","tag-manufacturing","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"df33a3e1-2171-4a9f-b2f6-9c298be82ca9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/4\/205.jpg","photo_position":"above","related_issue":[596385],"teaser":"","voice_url":""},"yoast_head":"\nAfrican countries have the potential to \u201cleapfrog\u201d the Fourth Industrial Revolution - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/african-countries-have-the-potential-to-leapfrog-the-fourth-industrial-revolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"African countries have the potential to \u201cleapfrog\u201d the Fourth Industrial Revolution\" \/>\n<meta property=\"og:description\" content=\"Countries across Africa have the potential to \u201cleapfrog\u201d the Fourth Industrial Revolution, with their \u201cstrong economic growth, increasing regional economic integration and diversification and young entrepreneurial demographic,\u201d Dow Chemical\u2019s president of sub-Saharan Africa Craig Arnold writes for the World Economic Forum. 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According to research from the law firm and Oxford Economics, countries need to double down on eliminating limitations related to infrastructure, resources, and other regional trade agreements that might\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/3053.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598704,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/challenges-ahead-for-african-trade\/","url_meta":{"origin":596402,"position":2},"title":"Challenges ahead for African trade","author":"enterpriseam admin","date":"2 June 2019","format":false,"excerpt":"Pan-African trade pact is in effect, but key structural challenges threaten to undermine its efficacy: The African Continental Tade Agreement (AfCFTA) finally came into force on 30 May amid high hopes, but one of its architects is warning that it is a \u201cvery weak agreement that needs a lot of\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/Manufacturing-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568945,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/09\/africa-could-be-transformed-by-the-digital-economy-but-only-if-its-infrastructure-is-strengthened\/","url_meta":{"origin":596402,"position":3},"title":"Africa could be transformed by the digital economy \u2014 but only if its infrastructure is strengthened","author":"enterpriseam admin","date":"9 February 2020","format":false,"excerpt":"African countries could be transformed by the digital economy \u2014 but only they invest in infrastructure: Africa must tackle significant deficits in its digital infrastructure to capitalize on the strong economic prospects that a digital transformation would afford, Vice President of the World Bank for Africa Hafez Ghanem writes, in\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569800,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/global-growth-could-fall-to-1-this-year-iif\/","url_meta":{"origin":596402,"position":4},"title":"Global growth could fall to 1% this year -IIF","author":"enterpriseam admin","date":"8 March 2020","format":false,"excerpt":"Global growth could fall to 1% this year -IIF: Global economic growth could fall to just 1% this year due to the impact of the covid-19 outbreak on the services and manufacturing sectors, the International Institute of Finance (IIF) has said. In a report published on Thursday, the financial association\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/88.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593820,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/10\/chinese-tech-companies-are-dominating-in-africa\/","url_meta":{"origin":596402,"position":5},"title":"Chinese tech companies are dominating in Africa","author":"enterpriseam admin","date":"10 October 2019","format":false,"excerpt":"Chinese tech companies are dominating in Africa: Tecno, a phonemaker owned by Shenzhen-based Transsion, has become one of the most well regarded brands in Africa thanks to the Chinese company\u2019s commitment to the market, David Pilling writes in the Financial Times. Unlike its Western competitors, Transsion has built cheaper phones\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596402"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596402\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/596403"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596402"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596402"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}