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Africa Has The Potential To Become The World’s Next Great Manufacturing Centre
Africa Has The Potential To Become The World’s Next Great Manufacturing Centre
"China is expected to lose from 85-100 million low-cost, labor-intensive manufacturing jobs by 2030, and Africa stands to capture many of them" - Harvard Business Review
Africa’s Increasing Youth Population Contributes to An Abundance of Labour, Which Provides the Highest Potentials for Competitive Labour-Intensive Industrialization and Lower Production Costs
Africa’s Increasing Youth Population Contributes to An Abundance of Labour, Which Provides the Highest Potentials for Competitive Labour-Intensive Industrialization and Lower Production Costs
This human capital cost advantage is attractive because the hourly wage in Africa is less than 50 cents (for example, it’s $0.27 in Mozambique, $0.34 in Nigeria and $1.62 in Morocco) compared to $10.49 in the UK, $7.25 in the USA and $6.57 in Japan
Under A Successfully Implemented ACFTA, Africa Will Have A Combined Consumer and Business Spending Of $6.7 Trillion By 2030
Under A Successfully Implemented ACFTA, Africa Will Have A Combined Consumer and Business Spending Of $6.7 Trillion By 2030
The goal of the African Continental Free Trade Area agreement is to remove technological, social and economic barriers to allow the free movement of goods and services, people, ideas, and capital across the continent of 1.3 billion people, creating a unique opportunity for people and businesses
Subway Labs: Partnering for Economic Progress
Subway Labs: Partnering for Economic Progress
Subway Labs is deeply committed to partnering with stakeholders across Africa to catalyze economic development and job creation. Here's how we're working together to pave the path to prosperity:
We are mobilizing the forces of media and entertainment to create a truly innovative platform where Africa's brightest and most daring talents as boldly take the spotlight with the help of global industry experts to push beyond epic bounds and transform their unique product ideas into the next big manufacturing empire in 90days, a unique reality series where anything is possible. This is the ultimate competition for African entrepreneurs. see more
Our goal is to create special economic areas that allow for economic clusters in key industries, including Agro processing, Manufacturing & Production, Science, and IT. By providing businesses with zero taxes, zero import and export duties, and 100% repatriation of capital and profits, we aim to create an environment that is supportive and conducive to economic growth
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