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Since 2000, Africa has recorded impressive rates of economic growth, owing largely to development assistance and a prolonged commodity boom.Many African countries have yet to undergo the kind of transformation that is necessary for socially inclusive and environmentally sustainable development over the long term: namely, industrialization.Despite repeated attempts, African countries have not. In 2014, the Asia and Pacific region's share of value added in global manufacturing was 44.6 percent, whereas Africa's was just 1.6 percent. Many of Africa's most ambitious and entrepreneurially minded young people are joining others in migrating north.In short, Africa must industrialize, and it must do so in a socially inclusive and environmentally sustainable manner. Given that most previous efforts at sustainable development in Africa have failed, there is a clear need for a new approach: a broad-based, country-owned process that taps financial and non-financial resources, promotes regional integration and fosters cooperation among Africa's development partners.UNIDO's goal is to make the PCP model the mainstream approach for all African countries. We stand ready to support Africa on its path to inclusive and sustainable industrial development – during IDDA III and beyond.
The first 50 years of UNIDO in Lebanon
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