Industry and housing division : review of activities undertaken in the implementation of the programme of work and priorities of the commission since the ninth session (15 Feb. 1969 - Feb. 8, 1970)

Abstract

The major obstacles to industrialization in Africa have been identified, These include : - the small size of national markets in terms of population and purchasing power ; - lack of technical know-how and managerial skills ; - shortage of capital and concurrently also of well-formulated viable projects ; - inadequacies of existing institutions to support and promote the industrialization efforts.