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3 days ago | 
zawya.com | Phyllis Wakiaga
Africa’s industrial moment can’t wait. With the promise of a 1.5-billion-person market under the African Continental Free Trade Area (AfCFTA), a rising generation of innovators, and deep untapped industrial potential, Africa is laying the groundwork for a new era of production. But momentum alone isn’t enough.
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3 weeks ago | 
businessdailyafrica.com | Phyllis Wakiaga |Gillian Saunders
The tourism sector has long been hailed as a catalyst for economic growth, environmental stewardship and cultural exchange. Yet too often, the economic benefits of tourism bypass the very communities that host it. While climate change, overtourism and resource strain remain pressing challenges, the future of tourism must be defined not just by sustainability but by inclusivity that puts local communities at its centre.
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Feb 24, 2025 | 
businessdailyafrica.com | Phyllis Wakiaga |Max Walter
Africa stands on the cusp of a game-changing opportunity to reshape its role in the global textile and apparel industry. According to TradeMap data, the continent currently takes a miniscule size of the pie, accounting for about one percent of global textile exports and two percent of global clothing exports.
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Jan 23, 2025 | 
businessdailyafrica.com | Phyllis Wakiaga
Private sector investment remains a crucial driver of economic growth particularly in developing nations where growth has slowed in recent years. Many countries are facing challenges such as inflation, supply chain disruptions, geopolitical tensions, high debt, and limited fiscal space.
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Nov 10, 2024 | 
businessdailyafrica.com | Phyllis Wakiaga |Imaduddin Ahmed
African nations have a unique opportunity to show leadership in redefining green markets on the continent and beyond. Last year at COP28, Kenyan President William Ruto and COP28 President Sultan al Jaber called for developing countries to design comprehensive green growth strategies, building on their comparative advantages. Now is the time to put in place the enabling environments that will guide industry into green pathways and attract green investments. Why now?
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Aug 7, 2024 | 
businessdailyafrica.com | Phyllis Wakiaga
As the global landscape undergoes transformation, the need to develop industrial policy is gaining momentum globally. The Global Trade Alert new research shows that there were more than 2,500 industrial policy interventions worldwide in 2023 with a majority of new measures driven by climate mitigation, supply chain resilience and security.
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Aug 7, 2024 | 
theeastafrican.co.ke | Phyllis Wakiaga
As the global landscape undergoes transformation, the need to develop industrial policy is gaining momentum globally. Global Trade Alert research shows that there were more than 2,500 industrial policy interventions worldwide in 2023, with a majority of new measures driven by climate mitigation, supply chain resilience and security. Industrial Development Report (IDR) 2024 from the United Nation Industrial Development Organisation provides examples of the reemergence of industrial policy globally.
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May 28, 2024 | 
businessdailyafrica.com | Phyllis Wakiaga
In an age where technological advancements and global megatrends are reshaping the fabric of our societies and economies, the potential for fostering sustainable development has never been greater. The 2024 UNIDO Industrial Development Report underscores the transformative power of the energy transition, the Fourth Industrial Revolution (4IR), global rebalancing, and demographic shifts.
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May 7, 2024 | 
businessdailyafrica.com | Phyllis Wakiaga
The African Growth and Opportunity Act (Agoa) has been a cornerstone of US-Africa trade relations since its inception in May 2000. Agoa is recognised for the mutual benefits of fostering economic growth through trade and investment by focusing on trade as a sustainable development lever which has helped diversify economic interactions beyond traditional aid.
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May 6, 2024 | 
htsyndication.com | Phyllis Wakiaga
Nairobi, May 7 -- The African Growth and Opportunity Act (Agoa) has been a cornerstone of US-Africa trade relations since its inception in May 2000. Agoa is recognised for the mutual benefits of fostering economic growth through trade and investment by focusing on trade as a sustainable development lever which has helped diversify economic interactions beyond traditional aid.
