answersLogoWhite

0

African countries can add value to their abundant raw materials by investing in processing industries that transform these resources into finished or semi-finished products. This can be achieved through public-private partnerships, technology transfer, and skills development to enhance local expertise. Additionally, fostering a favorable business environment and improving infrastructure can attract investment in manufacturing sectors. By focusing on value addition, these countries can create jobs, increase export revenues, and stimulate economic growth.

User Avatar

AnswerBot

3d ago

What else can I help you with?

Related Questions

Why do African countries export unprocessed raw materials to developed countries?

Good for the countries in terms of $$$$..but long term may cause a shortage in supply when demand high and developed countries pay less $$$ for it apparently African states export unprocessed raw materials because industry not gud enough in community.


Name the continent with the least industrialization other than Antarctica?

Africa is the continent with the least industrialization, particularly in the sub-Saharan regions where industrial development lags behind other parts of the world. Many African countries face challenges such as lack of infrastructure, technology, and investment that hinder industrial growth.


What is the largest of all African countries?

The largest of all African Countries is Algeria.


How many countries are in AU?

There are 54 countries in the African Union. The African Union was preceded by the Organisation of African Unity.


What are all the central african countries?

There are several central African countries. Some of the countries are Angola, Chad, and Rugabano.


How many countries are there in African?

There are 54 countries.


From which African countries were the majority of slaves brought?

the African countries were brought slaves were Uganda & rwanda


Which african countries dont have fossil fuels?

which african countries don't use fossel fuel


African countries which were colonised?

Almost all the African countries were colonized by European nations. Liberia and Ethiopia were the only countries that were not colonized.


Which society is currently in a transition phase from agrarian to industrial?

Many societies in developing countries are currently in a transition phase from agrarian to industrial economies. Countries such as India, China, and various African nations are experiencing rapid industrialization and urbanization as they shift from agricultural-based economies to manufacturing and service-based industries.


Which countries used African talking drums?

Most of the Western, Eastern, Central and Southern African countries.


Asian African families or countries have similar characteristics?

asian african families or countries have similar characteristic?