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UNCTAD spells out how to transform Africa into a global supply chain hub


Media Alert
For use of information media - Not an official record
UNCTAD/PRESS/MA/2023/005
UNCTAD spells out how to transform Africa into a global supply chain hub

Geneva, Switzerland, 9 August 2023
 


EMBARGO

The contents of this press release and the related report must not be quoted or summarized in the print, broadcast or electronic media before 16 August 2023, 9:00 am GMT
(5:00 am in New York  |  11:00 am Geneva  | 12:00 noon Nairobi)
 

 

 

The United Nations Conference on Trade and Development (UNCTAD) will unveil a roadmap on how African economies can become major participants in global supply chains in its Economic Development in Africa Report 2023 to be launched on 16 August.

Efforts to fortify global supply chains in the face of recent disruptions have opened up opportunities for Africa to become a manufacturing destination for tech-intensive industries.

Its abundance of critical minerals and metals, vital components in technology-intensive industries, positions the continent as an attractive destination for manufacturing.

Supply chains encompass the intricate web of systems and resources needed to develop, produce and transport goods and services from suppliers to customers.

The main launch of the report will take place in Nairobi, with other press conferences in Dakar and Geneva.


About UNCTAD

UNCTAD is the UN trade and development body. It supports developing countries to access the benefits of a globalized economy more fairly and effectively and equips them to deal with the potential drawbacks of greater economic integration.

It provides analysis, facilitates consensus-building and offers technical assistance to help developing countries use trade, investment, finance and technology as vehicles for inclusive and sustainable development.


Journalists with access to the UNCTAD virtual newsroom may download the full text of the study as well as the press release.

Access to the virtual newsroom requires a password. To obtain one, please fill out the online form.

After the lifting of the embargo, documents related to the report will be available on the main UNCTAD website.