[Duraspace] The role of Science, Technology and Innovation in Africa’s Growth [1] | Africa UP Close

Hilton Gibson hilton.gibson at gmail.com
Mon May 25 13:40:37 SAST 2015

Despite its positive growth trajectory, however, Africa’s medium term
prospects face a number of internal and external risks. This is because the
current decline in oil and commodity prices, slow recovery in the Eurozone
and Japan, and the decline in demand for commodities in China could
potentially impact Africa’s growth prospects negatively as trade weakens.
Going forward, Africa stands ready to enhance its productivity through
structural transformation and the promotion of industrialization. *Hence,
central to Africa’s future growth prospects is the role of science,
technology and innovation (STI).*

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