BRICS vision of Agriculture, Manufacturing & Industry for Africa | TFA 26

1 year ago
117

BRICS member, South African President shares the need for Africa to enhance its trading capabilities and move towards self-sufficiency and industrialization. He emphasizes that Africa has vast resources, talent, and potential, yet it heavily relies on trading with other regions for basic necessities like food and clothing. The BRICS member, highlights the wake-up call presented by the COVID-19 pandemic, which exposed Africa's dependence on external sources for essential medical supplies. He emphasizes the importance of Africa developing its own industrial base and manufacturing innovative products, rather than solely exporting raw materials. The President mentions Africa's growing population, urbanization, and educated youth as opportunities for economic development. He also discusses the need to address trade challenges, promote bilateral agreements, and strengthen the relationship between countries like South Africa and the Democratic Republic of the Congo (DRC). President Ramaphosa concludes by expressing the determination to manage Africa's mineral resources more wisely, establish a critical minerals commission, and ensure that all Africans benefit from global growth and development.

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Jim Talatagod

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