The AfCFTA – A Catalyst for Industrial Opportunities
The African Continental Free Trade Area agreement will ultimately boost trade and industrialization across Africa, while addressing the negative impact of the COVID-19 pandemic.
The African Continental Free Trade Area agreement will ultimately boost trade and industrialization across Africa, while addressing the negative impact of the COVID-19 pandemic.
Industrialists are restructuring their businesses to swiftly adapt and remain competitive following COVID-19’s carnage. Manufacturers have always prioritized health and safety measures. However, COVID-19 has highlighted the necessity for superior levels of worker safety. As manufacturers resume production, social distancing in the workplace, hygiene and hand sanitisation will remain mandatory. Further, they will need to optimize movements as well as build limited contact into production processes. Manufacturers need to look at the entire manufacturing process and monitor all possible interactions.
African governments are required to implement innovative approaches to industrial policy such as Special Economic Zones (SEZs) and industrial park, representing instruments of industrial development.
The Manufacturing Indaba is hosting an Energy Solutions Pavilion providing companies who have an energy solution that can save energy costs as well as support manufacturers, an opportunity to showcase their products to the manufacturing industry.
A progressive outlook must be developed and adopted for the future of the continent that lays focus on the industrial development of the continent, because Africa is the leader of the future.
As the world continues to shift, subsequently affecting all aspects of industry as we know it, Africa’s manufacturing sector has proven resilient.
The upcoming Manufacturing Indaba Western Cape, will play host to key stakeholders and manufacturers in the Western Cape manufacturing arena, who will assemble, network with industry specialists, share knowledge and showcase their products and services in a bid to further develop the region’s manufacturing industry. Taking place on the 6th November 2019 at the Cape Town International Convention Centre, the event has expanded significantly.
Approaching Manufacturing Innovation, Efficiency, Productivity & Creativity to creating sustainable companies.