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May 18, 2021 Africa has the opportunity to follow in the footsteps of Asia’s manufacturing giants over the next decade, using industrialisation as a strategy to uplift millions of people from poverty and create jobs for its burgeoning young population. In doing so, it could reinvent itself as the world’s next production powerhouse. That’s according to Vinny Perumal, CEO of KAS Africa, who says that the manufacturing sector holds the key to unlocking the economic potential of South Africa and the wider continent, with the continent’s young population emerging as an asset in a changing world. “According to the International Labour Organisation (ILO), over one in five African young people were not in employment, education or training (NEET) in 2019,” she says. “Furthermore, half of the countries among the top 10 for the highest rates of youth unemployment are in Africa, with South Africa topping the list.

South africaVinny perumalInternational labour organisationAfrican continental free trade areaசர்வதேச தொழிலாளர் ஆர்கநைஸேஶந்