2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Positioning African Industry
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Financing Industrialization in Africa:Challenges
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Inclusive and sustainable industrialization in the AfCFTA and COVID-19 era
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None of above
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Detailed explanation-1: -“Industrializing Africa: Renewed Commitment Towards an Inclusive and Sustainable Industrialization and Economic Diversification”
Detailed explanation-2: -Africa Industrialization Day is celebrated on November 20 every year. It’s a period when governments and organizations in several African countries consider how to accelerate the continent’s industrialization.
Detailed explanation-3: -It was found that foreign direct investment (FDI), total natural resource (TNR), trade openness (TO), and financial development (FD), were significant determinants of industrialization whereas human capital development and inflation were observed as insignificant determinants of industrialization.
Detailed explanation-4: -The African Union Summit on Industrialization and Economic Diversification aims to highlight Africa’s renewed determination and commitment to Industrialization as one of the central pillars in attaining the continent’s economic growth and development goals as articulated in Agenda 2063 and Agenda 2030.