By A.D. McKenzie
PARIS (IDN) – Africa is the world’s most entrepreneurial region, according to the Organisation for Economic Cooperation and Development (OECD), but “manufacturing is receding”.
To discuss solutions as well as highlight some of the challenges facing the continent, the organisation’s 17th International Economic Forum on Africa brought together government leaders, businesspeople, civil society and others in Paris on October 4, with a focus on entrepreneurship and industrialisation.
“Of the 25 countries with the strongest economic growth between 2004 and 2014, 10 were African,” says the Paris-based OECD. Yet, “not enough jobs have been created for the rapidly expanding youth population” and “growth has not been inclusive enough,” the organisation adds.