South Africa has Africa’s highest Industrial GDP – AfDB reports
Report by the African Development Bank showed that South Africa is the highest in Industrial Gross Domestic Product with 44.8 percent.
AfDB President, Akinwunmi Adesina, said the bank has put measures in place to help boost the continent’s industrial GDP by 13 percent in 2025 and drive overall growth from $2.3 trillion to $5.6 trillion.
According to Adesina, AfDB is committed to mobilising capital, de-risking investments for the private sector, and leveraging capital markets.
The bank profiled the top eight countries on the continent and the contribution of industrial Gross Domestic Product to their economies.