Addressing a high-level meeting on ‘Innovations for Infrastructure Development and Sustainable Industrialization’ during the ECA’s Africa Development Week in Dakar, the President of the United Nations General Assembly, Peter Thomson urged Africa to take advantage of innovation and technology and use them to drive sustainable development, infrastructure and industrialization.
Harnessing this potential requires effective leadership to champion the necessary reforms to ensure the transformative potential of innovation and technology is enjoyed by everyone across Africa. The rapid pace of advances in innovation and disruptive technology taking place across the world provides an opportunity for these tools to be harnessed in Africa towards advancing sustainable industrialization, development, and growth.
Importantly these advances present opportunities to leapfrog high-carbon models, spur green economic growth, and build resilient economies.
In Africa, a volatile global environment, driving an economic transformation to secure the sustainable growth needed to eradicate poverty, build infrastructure, and support industrialization, requires a smart, innovative and integrated approach.
Hence, while innovation & technology stand to revolutionise sustainable development in the continent, and drive economic growth, capitalising on this opportunity and turning the potential into outcomes requires the creation of enabling environments, at both national and international levels, to mobilise the financing, investment, and innovation needed.