Overview
About the event
Industrial development is of critical importance for sustained and inclusive economic growth in African countries. Industry can enhance productivity, increase the capabilities of the workforce, and generate employment, by introducing new equipment and new techniques. Industrialization, with strong linkages to domestic economies, will help African countries achieve high growth rates, diversify their economies and reduce their exposure to external shocks. This will substantially contribute to poverty eradication through employment and wealth creation.
In July 1989, the Organization of African Unity (O.A.U.) conducted its 25th Ordinary Session of the Assembly of Heads of State and Government in Addis Ababa, Ethiopia. Africa Industrialization Day was announced on November 20 during this session. Within the framework of the Second Industrial Development Decade for Africa (1991-2000), the United Nations General Assembly, in December 1989, proclaimed 20 November �??Africa Industrialization Day�?� (A/RES/44/237). Since then, the United Nations System has held events on that day throughout the world to raise awareness about the importance of Africa�??s industrialization and the challenges faced by the continent.
