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21/11/2012

Africa as a strategic scenario of development (DIEEEO88-2012)

The financial inflows in the Sub-Saharian Africa enable the construction of infrastructures, which altogether with human capital are key factors for the development. These financing inflows are, to a great extent, bound to raw materials extraction. However it is risky for countries to stay in resource-based extractive models, whose prices are totally market-dependent. It is strategic to evolve towards manufacturing and industrialization activities (consumer goods, food-related products) which foster stable employment creation and a true intra-african market. In order to achieve these goals, not only the creation of transport and energy infrastructures are required, but also the human capital qualification and security and stability assurance are of utmost importance, specially in those territories.

Author: Rosario Fernández García

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