Africa’s green manufacturing crossroads

18-11-2021
Author(s): McKinsey & Company
Publication Number: ECES-SB169
Issued in: 2021

Africa is at a crossroads. As one of the most vulnerable continents to climate change and climate variability, it has a strong incentive to join global efforts to reduce greenhouse gas (GHG) emissions and bolster its adaptive capacity. At the same time, African governments are committed to industrializing their economies in order to meet the basic needs of growing populations and create jobs and wealth. If the continent is to achieve both, it cannot afford to follow the same route to economic prosperity that developed nations have pursued.