for the commissioning of the world’s Largest Single-Train 650,000 barrels-per-day petroleum refinery, built by Dangote Group. for the commissioning of the world’s Largest Single-Train 650,000 barrels-per-day petroleum refinery, built by Dangote Group.
Dangote is not a public office holder in the continent but his latest feat demonstrates a man with an understanding that considering the slow growing economy but scary unemployment levels in the continent, the only way to survive was to industrialise – that Africa as a continent will continue to find itself faced with difficulty accelerating the economic life cycle of its people until their leaders contemplate industrialisation, or productive collaboration with private organisations that have...
Broadly speaking, it is not by any standard a good commentary that after over 60 years of independence, African countries continually look up to other continents for aid. This covertly tells a story of a continent lacking in capacity for taking responsibility for its actions and initiatives for values.
Separate from thoughtfully and masterfully examining the inspirable relationship between technological development and economic progress of nations, the book, deftly argues with facts that the point of sail of all economies is the introduction of the manufacturing sector or the industrial economy. The author establishes that Africa’s prolonged economic plight is centered on the two fundamental challenges of a manufacturing economy.
On the way out of the continent’s technological debacle and the current wealth disparity among nations , experts believe that the current wealth disparity among nations represented by highly industrialised Europe, North America and Japan on one hand and most developing countries, in particular, those in sub-Saharan Africa, on the order is primarily the difference in the technical capability and capacity to produce and manufacture modern technologies and to use the technologies to produce and...
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