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Kenya

African Leaders, UN Officials reaffirm commitment to industrialize Africa

New York, US, Sept 24 – African leaders, UN officials, and representatives of international finance institutions and of the private sector players have reaffirmed their commitment to industrialize Africa in a socially inclusive and environmentally sustainable manner.

During a meeting at the United Nations Headquarters, the leaders singled out Unemployment and poverty as serious concerns for the continent, where more than 70 per cent of the working age population is unemployed or has no job security.

The leaders and development partners reiterated the importance of industrialization to eradicate poverty and to ensure that Africa’s fast-growing population yields its demographic dividend.

Participants also agreed on the importance of strengthening private sector engagement, in view of its fundamental role in driving growth, creating jobs, generating income and wealth, and contributing to fiscal revenue.

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