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Why Africa’s transformation must be anchored on production, innovation, industrial capability- Halilu

Naija News • 3h ago
Why Africa’s transformation must be anchored on production, innovation, industrial capability- Halilu
**Transforming Africa: The Key to Unlocking Our True Potential** As we continue to grapple with the challenges of underdevelopment and poverty in Africa, a critical question remains: what can we do to transform our continent and unleash its true potential? According to Khalil Halilu, the Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), the answer lies in anchoring our transformation on production, innovation, and industrial capability. **The Power of Production** In Africa, we have long been criticized for relying too heavily on primary production, such as agriculture and mining, without adding value to our raw materials. This has led to a lack of industrialization and a failure to create jobs and stimulate economic growth. Halilu argues that if we are to break free from our dependence on raw materials and join the ranks of high-income countries, we must focus on producing more finished goods and services. By doing so, we can increase our exports, create jobs, and stimulate economic growth. **The Importance of Innovation** Innovation is the lifeblood of any successful economy, and Africa is no exception. However, Halilu notes that our continent lags behind in terms of innovation, with many African countries relying on imported technology and ideas. To transform Africa, we must invest in science, technology, engineering, and mathematics (STEM) education and encourage entrepreneurship and innovation. By developing our own solutions to our unique problems, we can create new industries, products, and services that meet the needs of our people and drive economic growth. **The Role of Industrial Capability** Industrial capability is the ability to design, manufacture, and distribute goods and services on a large scale. In Africa, we have long struggled to develop this capability, often relying on foreign companies to supply our needs. Halilu argues that if we are to achieve self-sufficiency and economic independence, we must develop our own industrial base. This requires investing in infrastructure, such as roads, ports, and energy, as well as providing support for local manufacturers and entrepreneurs. **Conclusion** In conclusion, Khalil Halilu's call for a production, innovation, and industrial-led transformation of Africa is a timely and necessary one. By anchoring our transformation on these three pillars, we can unlock our true potential, create jobs, stimulate economic growth, and join the ranks of high-income countries. As we move forward, it is crucial that we prioritize investment in STEM education, innovation
Source: Original Article. AI-enhanced version.