We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Despite the fanfare and excitement around “the fourth industrial revolution” (4IR), the stark reality is that most countries in Africa are ill-prepared for this new phenomenon, having barely kept up with the first three iterations.

Consequently, the notion of “industrialisation” is a source of both great anxiety and excitement. On the one hand it represents the capacity for rapid, transformative and scalable growth, while on the other, failure to create economies and workforces fit for modern realities threatens to unleash grave societal consequences. However, the context under which Africa must industrialise is unique. Not only must it do so while simultaneously trying to democratise, it also faces an even more compelling threat — that of premature de-industrialisation. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now