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Dr Ricardo Soares de Oliveira comments on the lack of industrialisation of African states

Dr Ricardo Soares de Oliveira comments on the lack of industrialisation of African states

Ricardo Soares de Oliveira has been quoted in an article for Reuters (25 August) entitled 'Africa's squandered commodity boom erodes U.S. trade promise'.


Ricardo says, "Every major economy in Africa that did well out of the extractive industries over the past decade has failed to industrialize".  He goes on to comment about why the Special Economic Zone set up by the Angolan authorities has not been a success.

The full article can be read here: http://www.reuters.com/article/2015/08/25/africa-economy-idUSL5N1103RD20150825