• How Africa can stop exporting raw materials and start producing finished goods (e.g. cocoa to chocolate, bauxite to aluminum).

    For Africa to stop exporting raw materials and begin producing finished goods (e.g., cocoa to chocolate, bauxite to aluminum), it needs a strategic, long-term shift involving industrial development, local value addition, infrastructure investment, policy reform, and regional collaboration.

    Here's a breakdown of how this transformation can happen, with actionable steps:

    1. Build Local Processing & Manufacturing Industries
    Actions:
    Invest in processing plants: Governments and private sectors should invest in cocoa grinders, aluminum smelters, textile mills, etc.

    Create industrial zones: Establish agro-processing and mineral refining hubs near resource sites.

    Public-private partnerships: Encourage foreign and local investors to co-develop factories with skills and technology transfer.

    Example:
    Ghana and Côte d’Ivoire can move from just exporting cocoa beans to making premium chocolate brands for African and global markets.

    2. Develop Skilled Labor & Technical Capacity
    Actions:
    Vocational & technical training: Set up institutions focused on agro-processing, engineering, packaging, and quality control.

    University-industry collaboration: Encourage R&D in local product innovation.

    Incentivize diaspora returnees: Attract professionals with expertise in manufacturing and business.

    Example:
    Train youth in cocoa fermentation and chocolate production, aluminum fabrication, or textile design, targeting local industry needs.

    3. Improve Infrastructure & Energy Access
    Actions:
    Stable electricity: Invest in solar, hydro, and gas for industrial power.

    Efficient transport systems: Build better roads, ports, and rail to connect raw materials to factories and markets.

    Digital infrastructure: Enable smart manufacturing, supply chain systems, and e-commerce.

    4. Promote Local & Regional Markets
    Actions:
    Support local consumption: Campaigns to "Buy African-Made" and create national product pride.

    Utilize AfCFTA (African Continental Free Trade Area): Trade finished goods easily across African borders with reduced tariffs.

    Standardization & certification: Ensure local products meet quality standards for regional and international markets.

    Example:
    Instead of importing chocolate, supermarkets across Africa stock "Made in Africa" brands using local cocoa.

    5. Reform Policies & Incentives
    Actions:
    Ban or heavily tax raw exports: With gradual enforcement to protect current exporters.

    Tax holidays for manufacturers: Reduce costs for investors building local industries.

    Subsidies for local producers: Support SMEs in processing, packaging, and logistics.

    Example:
    Ghana could impose a gradual export tax on raw cocoa and give tax breaks to chocolate makers within its borders.

    6. Access to Finance for Local Entrepreneurs
    Actions:
    Development banks & microfinance: Offer low-interest loans for machinery, raw materials, and working capital.

    Investment funds for value chains: Governments or regional blocs can co-fund startups in agro- and mineral-processing.

    7. Strategic Branding & Exporting
    Actions:
    Create global African brands: Position African chocolates, garments, aluminum, ceramics, etc., as premium, ethical, and sustainable.

    Use diaspora and e-commerce: Reach global markets through platforms like Afriprime, Corkroo, or Shopify.

    Export finished goods, not just raw commodities.

    Priority Sectors for Value Addition:-
    Raw Material Finished Product Opportunity
    Cocoa .........................................................Chocolate, cocoa butter
    Bauxite ..........................................................Aluminum products
    Cotton ..........................................................Textiles, garments
    Cashew ..........................................................Roasted nuts, oils
    Timber ..........................................................Furniture, flooring
    Gold .........................................................Jewelry, electronics
    Oil & Gas ................................................Petrochemicals, plastics

    Conclusion:
    Africa must industrialize intelligently – starting with what it already produces. By shifting from raw export to value addition, the continent can create millions of jobs, retain wealth, and gain economic independence. This transformation won't happen overnight, but with coordinated policy, investment, and regional effort, it's entirely achievable.

    By Jo Ikeji-Uju
    https://afriprime.net/pages/Anything
    How Africa can stop exporting raw materials and start producing finished goods (e.g. cocoa to chocolate, bauxite to aluminum). For Africa to stop exporting raw materials and begin producing finished goods (e.g., cocoa to chocolate, bauxite to aluminum), it needs a strategic, long-term shift involving industrial development, local value addition, infrastructure investment, policy reform, and regional collaboration. Here's a breakdown of how this transformation can happen, with actionable steps: 1. Build Local Processing & Manufacturing Industries Actions: Invest in processing plants: Governments and private sectors should invest in cocoa grinders, aluminum smelters, textile mills, etc. Create industrial zones: Establish agro-processing and mineral refining hubs near resource sites. Public-private partnerships: Encourage foreign and local investors to co-develop factories with skills and technology transfer. Example: Ghana and Côte d’Ivoire can move from just exporting cocoa beans to making premium chocolate brands for African and global markets. 2. Develop Skilled Labor & Technical Capacity Actions: Vocational & technical training: Set up institutions focused on agro-processing, engineering, packaging, and quality control. University-industry collaboration: Encourage R&D in local product innovation. Incentivize diaspora returnees: Attract professionals with expertise in manufacturing and business. Example: Train youth in cocoa fermentation and chocolate production, aluminum fabrication, or textile design, targeting local industry needs. 3. Improve Infrastructure & Energy Access Actions: Stable electricity: Invest in solar, hydro, and gas for industrial power. Efficient transport systems: Build better roads, ports, and rail to connect raw materials to factories and markets. Digital infrastructure: Enable smart manufacturing, supply chain systems, and e-commerce. 4. Promote Local & Regional Markets Actions: Support local consumption: Campaigns to "Buy African-Made" and create national product pride. Utilize AfCFTA (African Continental Free Trade Area): Trade finished goods easily across African borders with reduced tariffs. Standardization & certification: Ensure local products meet quality standards for regional and international markets. Example: Instead of importing chocolate, supermarkets across Africa stock "Made in Africa" brands using local cocoa. 5. Reform Policies & Incentives Actions: Ban or heavily tax raw exports: With gradual enforcement to protect current exporters. Tax holidays for manufacturers: Reduce costs for investors building local industries. Subsidies for local producers: Support SMEs in processing, packaging, and logistics. Example: Ghana could impose a gradual export tax on raw cocoa and give tax breaks to chocolate makers within its borders. 6. Access to Finance for Local Entrepreneurs Actions: Development banks & microfinance: Offer low-interest loans for machinery, raw materials, and working capital. Investment funds for value chains: Governments or regional blocs can co-fund startups in agro- and mineral-processing. 7. Strategic Branding & Exporting Actions: Create global African brands: Position African chocolates, garments, aluminum, ceramics, etc., as premium, ethical, and sustainable. Use diaspora and e-commerce: Reach global markets through platforms like Afriprime, Corkroo, or Shopify. Export finished goods, not just raw commodities. Priority Sectors for Value Addition:- Raw Material Finished Product Opportunity Cocoa .........................................................Chocolate, cocoa butter Bauxite ..........................................................Aluminum products Cotton ..........................................................Textiles, garments Cashew ..........................................................Roasted nuts, oils Timber ..........................................................Furniture, flooring Gold .........................................................Jewelry, electronics Oil & Gas ................................................Petrochemicals, plastics Conclusion: Africa must industrialize intelligently – starting with what it already produces. By shifting from raw export to value addition, the continent can create millions of jobs, retain wealth, and gain economic independence. This transformation won't happen overnight, but with coordinated policy, investment, and regional effort, it's entirely achievable. By Jo Ikeji-Uju https://afriprime.net/pages/Anything
    AFRIPRIME.NET
    Anything Goes
    Share your memories, connect with others, make new friends
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  • Strengthening Digital Infrastructure: Global Industrial Cyber Security Market Growth

    According to MRFR analysis, the Industrial Cyber Security Market was valued at USD 15.86 billion in 2023 and is projected to grow from USD 17.3 billion in 2024 to approximately USD 45 billion by 2035, registering a compound annual growth rate (CAGR) of around 9.08% during the forecast period from 2025 to 2035.

    The Industrial Cyber Security Market is experiencing rapid growth as industries embrace digital transformation and integrate smart technologies. The convergence of IT (Information Technology) and OT (Operational Technology) across sectors such as manufacturing, energy, and transportation has heightened the risk of cyberattacks. This rising vulnerability is prompting companies to invest in robust cyber security systems tailored for industrial environments.

    Request a Free Sample Copy or View Report Summary: https://www.marketresearchfuture.com/sample_request/4408

    Market Scope

    The scope of the industrial cyber security market encompasses:

    Security Solutions: Network security, endpoint security, application security, and data protection.

    Services: Managed services, risk and compliance services, training, and consulting.

    Industries: Power and energy, manufacturing, oil & gas, transportation, and water & wastewater.

    Deployment Types: On-premise and cloud-based.

    The increased interconnectivity of critical infrastructure with IoT, AI, and industrial control systems (ICS) has expanded the attack surface, making cyber resilience a strategic priority for companies worldwide.

    Regional Insights
    North America dominates the market due to strong regulatory frameworks (e.g., NERC CIP), widespread digital adoption, and presence of key cyber security providers.

    Europe follows, driven by stringent data protection laws such as GDPR and increasing investments in smart factories.

    Asia-Pacific is the fastest-growing region, led by rapid industrialization in China, India, and Southeast Asia and increasing awareness of industrial cyber threats.

    Middle East & Africa and Latin America are emerging markets, with a focus on protecting critical energy and oil & gas infrastructure.

    Growth Drivers and Challenges
    Drivers:

    Rise in Cyberattacks on Industrial Systems: High-profile incidents (e.g., Colonial Pipeline, Stuxnet) have increased awareness.

    Regulatory Pressure: Governments and industry bodies are enforcing compliance standards.

    Digitalization and Industry 4.0: Growth in IIoT, SCADA, and smart manufacturing.

    Remote Work and Access: Expanded remote connectivity has raised vulnerabilities.

    Challenges:

    Integration Complexity: Aligning legacy OT systems with modern IT security is technically challenging.

    Lack of Skilled Workforce: Shortage of cybersecurity professionals with industrial domain expertise.

    High Implementation Costs: Especially for small to mid-size enterprises.

    Opportunities
    AI-Driven Threat Detection: Leveraging AI and machine learning to enhance threat detection and response capabilities.

    Zero Trust Architecture: Adoption of zero-trust security models to minimize attack vectors.

    Security-as-a-Service: Growing demand for outsourced, scalable, and cost-effective security solutions.

    5G and Edge Computing: New network technologies demand robust security frameworks, creating additional market potential.

    Key Players Analysis
    Honeywell International Inc.

    ABB Ltd.

    Cisco Systems, Inc.

    IBM Corporation

    Schneider Electric

    Rockwell Automation

    Siemens AG

    Fortinet Inc.

    Palo Alto Networks

    Dragos Inc.

    These companies are focusing on innovation, acquisitions, and partnerships to expand their cybersecurity portfolios for industrial environments.

    Buy Research Report (111 Pages, Charts, Tables, Figures) – https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4408

    Conclusion
    The Industrial Cyber Security Market is at a critical juncture, driven by the imperative to safeguard vital infrastructure from evolving cyber threats. With increasing digitalization and regulatory scrutiny, the demand for robust and intelligent cybersecurity solutions will continue to grow. While challenges around integration and skilled labor persist, technological advancements and heightened awareness present significant opportunities for stakeholders across the industrial ecosystem.
    Strengthening Digital Infrastructure: Global Industrial Cyber Security Market Growth According to MRFR analysis, the Industrial Cyber Security Market was valued at USD 15.86 billion in 2023 and is projected to grow from USD 17.3 billion in 2024 to approximately USD 45 billion by 2035, registering a compound annual growth rate (CAGR) of around 9.08% during the forecast period from 2025 to 2035. The Industrial Cyber Security Market is experiencing rapid growth as industries embrace digital transformation and integrate smart technologies. The convergence of IT (Information Technology) and OT (Operational Technology) across sectors such as manufacturing, energy, and transportation has heightened the risk of cyberattacks. This rising vulnerability is prompting companies to invest in robust cyber security systems tailored for industrial environments. Request a Free Sample Copy or View Report Summary: https://www.marketresearchfuture.com/sample_request/4408 Market Scope The scope of the industrial cyber security market encompasses: Security Solutions: Network security, endpoint security, application security, and data protection. Services: Managed services, risk and compliance services, training, and consulting. Industries: Power and energy, manufacturing, oil & gas, transportation, and water & wastewater. Deployment Types: On-premise and cloud-based. The increased interconnectivity of critical infrastructure with IoT, AI, and industrial control systems (ICS) has expanded the attack surface, making cyber resilience a strategic priority for companies worldwide. Regional Insights North America dominates the market due to strong regulatory frameworks (e.g., NERC CIP), widespread digital adoption, and presence of key cyber security providers. Europe follows, driven by stringent data protection laws such as GDPR and increasing investments in smart factories. Asia-Pacific is the fastest-growing region, led by rapid industrialization in China, India, and Southeast Asia and increasing awareness of industrial cyber threats. Middle East & Africa and Latin America are emerging markets, with a focus on protecting critical energy and oil & gas infrastructure. Growth Drivers and Challenges Drivers: Rise in Cyberattacks on Industrial Systems: High-profile incidents (e.g., Colonial Pipeline, Stuxnet) have increased awareness. Regulatory Pressure: Governments and industry bodies are enforcing compliance standards. Digitalization and Industry 4.0: Growth in IIoT, SCADA, and smart manufacturing. Remote Work and Access: Expanded remote connectivity has raised vulnerabilities. Challenges: Integration Complexity: Aligning legacy OT systems with modern IT security is technically challenging. Lack of Skilled Workforce: Shortage of cybersecurity professionals with industrial domain expertise. High Implementation Costs: Especially for small to mid-size enterprises. Opportunities AI-Driven Threat Detection: Leveraging AI and machine learning to enhance threat detection and response capabilities. Zero Trust Architecture: Adoption of zero-trust security models to minimize attack vectors. Security-as-a-Service: Growing demand for outsourced, scalable, and cost-effective security solutions. 5G and Edge Computing: New network technologies demand robust security frameworks, creating additional market potential. Key Players Analysis Honeywell International Inc. ABB Ltd. Cisco Systems, Inc. IBM Corporation Schneider Electric Rockwell Automation Siemens AG Fortinet Inc. Palo Alto Networks Dragos Inc. These companies are focusing on innovation, acquisitions, and partnerships to expand their cybersecurity portfolios for industrial environments. Buy Research Report (111 Pages, Charts, Tables, Figures) – https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4408 Conclusion The Industrial Cyber Security Market is at a critical juncture, driven by the imperative to safeguard vital infrastructure from evolving cyber threats. With increasing digitalization and regulatory scrutiny, the demand for robust and intelligent cybersecurity solutions will continue to grow. While challenges around integration and skilled labor persist, technological advancements and heightened awareness present significant opportunities for stakeholders across the industrial ecosystem.
    WWW.MARKETRESEARCHFUTURE.COM
    Sample Request for Industrial Cybersecurity Market Size, Share forecast-2035
    Sample Request - Industrial cybersecurity market is projected to grow from USD 17.3 billion in 2024 to USD 45.0 billion by 2035, exhibiting a CAGR of 9.08%.
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  • BRICS members economic outlook and poverty within each country and their loan payback situations.

    As of April 2025, the BRICS nations—Brazil, Russia, India, China, and South Africa—face varied economic landscapes, poverty challenges, and debt situations.
    Here's an overview:​

    Brazil-
    Economic Outlook: Brazil's economy is projected to grow modestly in 2025, supported by agricultural exports and domestic consumption. However, global trade tensions and commodity price volatility pose risks.​

    Poverty: The poverty rate, based on US$6.85/day (PPP), decreased from 28.4% in 2021 to 24.3% in 2022, aided by social programs like Bolsa Família. Further reductions are anticipated with continued economic growth .​

    Debt Situation: Brazil's public debt remains high, necessitating fiscal discipline. Efforts are ongoing to balance social spending with debt management.​

    Russia-
    Economic Outlook: Russia's economy faces challenges due to international sanctions and fluctuating energy prices. Diversification efforts are underway to reduce reliance on energy exports.​

    Poverty: While official statistics are limited, economic pressures have likely impacted poverty levels, especially in rural areas.​

    Debt Situation: Russia maintains a relatively low public debt-to-GDP ratio, around 21%, providing some fiscal flexibility .​
    BRICS Journal of Economics

    India-
    Economic Outlook: India is expected to grow at a robust pace, driven by domestic consumption and digital infrastructure expansion. However, high borrowing costs may constrain fiscal stimulus efforts .​

    Poverty: India has made significant strides in poverty reduction, though disparities persist. Continued focus on inclusive growth is essential .​
    ORF Online

    Debt Situation: India's public debt is substantial, limiting the scope for aggressive fiscal interventions. Managing debt sustainability remains a priority.​

    China-
    Economic Outlook: China's GDP grew by 5.4% in Q1 2025, bolstered by strong exports ahead of increased U.S. tariffs. However, domestic challenges like a property sector slump and deflationary pressures are concerns .​

    Poverty: China has significantly reduced extreme poverty, though income inequality and rural-urban disparities remain areas of focus.​

    Debt Situation: Rising public debt, particularly at local government levels, poses risks. Authorities are balancing stimulus measures with debt containment efforts.​

    South Africa-
    Economic Outlook: South Africa's growth is modest, hindered by energy supply issues and structural constraints. Reforms are needed to boost investor confidence and economic performance.​

    Poverty: High unemployment and inequality contribute to persistent poverty levels. Social assistance programs are critical for vulnerable populations.​

    Debt Situation: Public debt levels are elevated, limiting fiscal space. Efforts to stabilize debt and implement structural reforms are ongoing.​

    Note: The BRICS bloc continues to explore initiatives like de-dollarization and enhanced financial cooperation to strengthen economic resilience and reduce dependency on traditional financial systems .​

    Brazil-
    Industrial Expansion: Brazilian industrialists are actively seeking opportunities within BRICS countries, notably India, to enhance trade and mutual investments. This initiative aims to capitalize on India's projected economic growth and foster greater industrial collaboration. ​
    Agência Brasil

    Agricultural Collaboration: At the 2025 BRICS+ Agriculture Investment and Trade Summit, Brazil and South Africa initiated cooperation in sugar production technology and rural farming systems. This partnership is expected to empower smallholder farmers and women-led cooperatives, potentially increasing employment in the agricultural sector. ​
    bricswomen.com

    Russia-
    Economic Outlook: Russia is focusing on strengthening ties within the BRICS alliance to drive economic growth, emphasizing the bloc's role in global economic development. ​
    Reuters

    Employment Initiatives: While specific employment programs are not detailed, Russia's emphasis on BRICS cooperation suggests potential job creation through joint projects and investments within the alliance.​
    Latest news & breaking headlines

    India-
    Defense Manufacturing: India is expanding its defense exports, offering affordable arms to countries traditionally reliant on Russian weaponry. This strategy not only boosts India's defense sector but also aims to create employment opportunities within the manufacturing industry. ​

    Digital Economy: India continues to invest in its digital economy, focusing on software development, e-commerce, and fintech. These sectors are significant contributors to employment, particularly among the youth. ​
    pharmsource.org

    China-
    Technological Advancements: China is investing in emerging technologies such as 5G, artificial intelligence, and smart manufacturing. These investments are part of the country's strategy to embrace the New Industrial Revolution, which is expected to generate new employment opportunities in high-tech industries. ​
    en.ndrc.gov.cn

    Infrastructure Development: Through initiatives like the Digital Silk Road, China is enhancing its technological infrastructure, which supports job creation in construction, engineering, and related sectors. ​
    pharmsource.org

    South Africa-
    Investment Mobilization: South Africa plans to mobilize approximately $109.4 billion in new investments from 2023 to 2028. These investments are directed towards industrial modernization, human capital expansion, and infrastructure development, all of which are expected to create employment opportunities. ​
    TV BRICS

    BRICS Inward Investment Missions: The country is hosting BRICS Inward Buying and Investment Missions to attract foreign investment and promote economic collaboration. These missions focus on sectors like manufacturing, agro-processing, pharmaceuticals, and automotive, aiming to stimulate job creation and economic growth. ​

    Overall, BRICS nations are leveraging intra-bloc cooperation and strategic investments to bolster local industries and employment. These efforts are integral to their broader economic development goals and aim to enhance their positions in the global economy.

    The BRICS countries—Brazil, Russia, India, China, and South Africa—have increasingly turned to intra-BRICS financial mechanisms, particularly the New Development Bank (NDB), to fund development projects and reduce reliance on Western financial institutions like the IMF or World Bank.

    Here’s a breakdown of the benefits of BRICS loans and how capable each country is of repaying them:

    Benefits of BRICS Loans (especially via the New Development Bank):-
    Lower Conditionality-
    Unlike IMF or World Bank loans, BRICS loans often come with fewer political and economic reform conditions, allowing for more autonomy in how funds are used.

    Local Currency Lending-
    The NDB promotes lending in local currencies to reduce exchange rate risk and avoid dollar dependency, supporting national financial stability.

    Focus on Infrastructure & Development-
    Loans are often directed at infrastructure, green energy, transport, and water projects—investments that directly stimulate economic activity and job creation.

    Faster Disbursement-
    The NDB is often more agile in project approvals and disbursement compared to traditional institutions.

    Multipolar Finance Vision-
    BRICS lending supports a shift toward a more multipolar global economic order, with South-South cooperation at its core.

    Loan Repayment Capability by Country:-
    Brazil-
    Repayment Capacity: Moderate

    Brazil has a high public debt ratio (~74% of GDP), but solid export revenues (soy, iron ore, oil) and large FX reserves support repayment capacity. Political and fiscal reforms are crucial to sustaining debt servicing ability.

    Russia-
    Repayment Capacity: Strong

    Despite sanctions, Russia has low public debt (~21% of GDP) and strong energy export income. It has been pivoting toward BRICS and Asia for trade and finance, which buffers its repayment strength.

    India-
    Repayment Capacity: Strong

    India maintains a robust GDP growth trajectory (projected ~6–7% in 2025) and a growing tax base. Its high debt (~83% of GDP) is offset by its large economy and steady investor confidence. Repayment of multilateral loans remains on track.

    China-
    Repayment Capacity: Very Strong

    With the world’s second-largest economy and over $3 trillion in foreign reserves, China can easily service debts. Although it has internal financial risks (e.g., local government debt), its repayment capacity on international loans is solid.

    South Africa-
    Repayment Capacity: Weak to Moderate

    South Africa faces high public debt (~72% of GDP), sluggish growth, and unemployment over 30%. However, access to BRICS financing offers alternatives to austerity-heavy Western loans. Its capacity to repay depends on structural reforms and commodity prices.

    Conclusion
    BRICS loans offer flexible, development-focused financing with fewer strings attached. This helps member countries invest in long-term infrastructure without triggering immediate austerity. However, repayment capacity varies—China and India are best positioned, while South Africa and Brazil must manage debt carefully. Russia remains unique due to sanctions but retains financial strength from energy exports.
    BRICS members economic outlook and poverty within each country and their loan payback situations. As of April 2025, the BRICS nations—Brazil, Russia, India, China, and South Africa—face varied economic landscapes, poverty challenges, and debt situations. Here's an overview:​ Brazil- Economic Outlook: Brazil's economy is projected to grow modestly in 2025, supported by agricultural exports and domestic consumption. However, global trade tensions and commodity price volatility pose risks.​ Poverty: The poverty rate, based on US$6.85/day (PPP), decreased from 28.4% in 2021 to 24.3% in 2022, aided by social programs like Bolsa Família. Further reductions are anticipated with continued economic growth .​ Debt Situation: Brazil's public debt remains high, necessitating fiscal discipline. Efforts are ongoing to balance social spending with debt management.​ Russia- Economic Outlook: Russia's economy faces challenges due to international sanctions and fluctuating energy prices. Diversification efforts are underway to reduce reliance on energy exports.​ Poverty: While official statistics are limited, economic pressures have likely impacted poverty levels, especially in rural areas.​ Debt Situation: Russia maintains a relatively low public debt-to-GDP ratio, around 21%, providing some fiscal flexibility .​ BRICS Journal of Economics India- Economic Outlook: India is expected to grow at a robust pace, driven by domestic consumption and digital infrastructure expansion. However, high borrowing costs may constrain fiscal stimulus efforts .​ Poverty: India has made significant strides in poverty reduction, though disparities persist. Continued focus on inclusive growth is essential .​ ORF Online Debt Situation: India's public debt is substantial, limiting the scope for aggressive fiscal interventions. Managing debt sustainability remains a priority.​ China- Economic Outlook: China's GDP grew by 5.4% in Q1 2025, bolstered by strong exports ahead of increased U.S. tariffs. However, domestic challenges like a property sector slump and deflationary pressures are concerns .​ Poverty: China has significantly reduced extreme poverty, though income inequality and rural-urban disparities remain areas of focus.​ Debt Situation: Rising public debt, particularly at local government levels, poses risks. Authorities are balancing stimulus measures with debt containment efforts.​ South Africa- Economic Outlook: South Africa's growth is modest, hindered by energy supply issues and structural constraints. Reforms are needed to boost investor confidence and economic performance.​ Poverty: High unemployment and inequality contribute to persistent poverty levels. Social assistance programs are critical for vulnerable populations.​ Debt Situation: Public debt levels are elevated, limiting fiscal space. Efforts to stabilize debt and implement structural reforms are ongoing.​ Note: The BRICS bloc continues to explore initiatives like de-dollarization and enhanced financial cooperation to strengthen economic resilience and reduce dependency on traditional financial systems .​ Brazil- Industrial Expansion: Brazilian industrialists are actively seeking opportunities within BRICS countries, notably India, to enhance trade and mutual investments. This initiative aims to capitalize on India's projected economic growth and foster greater industrial collaboration. ​ Agência Brasil Agricultural Collaboration: At the 2025 BRICS+ Agriculture Investment and Trade Summit, Brazil and South Africa initiated cooperation in sugar production technology and rural farming systems. This partnership is expected to empower smallholder farmers and women-led cooperatives, potentially increasing employment in the agricultural sector. ​ bricswomen.com Russia- Economic Outlook: Russia is focusing on strengthening ties within the BRICS alliance to drive economic growth, emphasizing the bloc's role in global economic development. ​ Reuters Employment Initiatives: While specific employment programs are not detailed, Russia's emphasis on BRICS cooperation suggests potential job creation through joint projects and investments within the alliance.​ Latest news & breaking headlines India- Defense Manufacturing: India is expanding its defense exports, offering affordable arms to countries traditionally reliant on Russian weaponry. This strategy not only boosts India's defense sector but also aims to create employment opportunities within the manufacturing industry. ​ Digital Economy: India continues to invest in its digital economy, focusing on software development, e-commerce, and fintech. These sectors are significant contributors to employment, particularly among the youth. ​ pharmsource.org China- Technological Advancements: China is investing in emerging technologies such as 5G, artificial intelligence, and smart manufacturing. These investments are part of the country's strategy to embrace the New Industrial Revolution, which is expected to generate new employment opportunities in high-tech industries. ​ en.ndrc.gov.cn Infrastructure Development: Through initiatives like the Digital Silk Road, China is enhancing its technological infrastructure, which supports job creation in construction, engineering, and related sectors. ​ pharmsource.org South Africa- Investment Mobilization: South Africa plans to mobilize approximately $109.4 billion in new investments from 2023 to 2028. These investments are directed towards industrial modernization, human capital expansion, and infrastructure development, all of which are expected to create employment opportunities. ​ TV BRICS BRICS Inward Investment Missions: The country is hosting BRICS Inward Buying and Investment Missions to attract foreign investment and promote economic collaboration. These missions focus on sectors like manufacturing, agro-processing, pharmaceuticals, and automotive, aiming to stimulate job creation and economic growth. ​ Overall, BRICS nations are leveraging intra-bloc cooperation and strategic investments to bolster local industries and employment. These efforts are integral to their broader economic development goals and aim to enhance their positions in the global economy. The BRICS countries—Brazil, Russia, India, China, and South Africa—have increasingly turned to intra-BRICS financial mechanisms, particularly the New Development Bank (NDB), to fund development projects and reduce reliance on Western financial institutions like the IMF or World Bank. Here’s a breakdown of the benefits of BRICS loans and how capable each country is of repaying them: Benefits of BRICS Loans (especially via the New Development Bank):- Lower Conditionality- Unlike IMF or World Bank loans, BRICS loans often come with fewer political and economic reform conditions, allowing for more autonomy in how funds are used. Local Currency Lending- The NDB promotes lending in local currencies to reduce exchange rate risk and avoid dollar dependency, supporting national financial stability. Focus on Infrastructure & Development- Loans are often directed at infrastructure, green energy, transport, and water projects—investments that directly stimulate economic activity and job creation. Faster Disbursement- The NDB is often more agile in project approvals and disbursement compared to traditional institutions. Multipolar Finance Vision- BRICS lending supports a shift toward a more multipolar global economic order, with South-South cooperation at its core. Loan Repayment Capability by Country:- Brazil- Repayment Capacity: Moderate Brazil has a high public debt ratio (~74% of GDP), but solid export revenues (soy, iron ore, oil) and large FX reserves support repayment capacity. Political and fiscal reforms are crucial to sustaining debt servicing ability. Russia- Repayment Capacity: Strong Despite sanctions, Russia has low public debt (~21% of GDP) and strong energy export income. It has been pivoting toward BRICS and Asia for trade and finance, which buffers its repayment strength. India- Repayment Capacity: Strong India maintains a robust GDP growth trajectory (projected ~6–7% in 2025) and a growing tax base. Its high debt (~83% of GDP) is offset by its large economy and steady investor confidence. Repayment of multilateral loans remains on track. China- Repayment Capacity: Very Strong With the world’s second-largest economy and over $3 trillion in foreign reserves, China can easily service debts. Although it has internal financial risks (e.g., local government debt), its repayment capacity on international loans is solid. South Africa- Repayment Capacity: Weak to Moderate South Africa faces high public debt (~72% of GDP), sluggish growth, and unemployment over 30%. However, access to BRICS financing offers alternatives to austerity-heavy Western loans. Its capacity to repay depends on structural reforms and commodity prices. Conclusion BRICS loans offer flexible, development-focused financing with fewer strings attached. This helps member countries invest in long-term infrastructure without triggering immediate austerity. However, repayment capacity varies—China and India are best positioned, while South Africa and Brazil must manage debt carefully. Russia remains unique due to sanctions but retains financial strength from energy exports.
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  • China’s rise as the "world's factory" has created huge global shifts — not just in trade, but in wealth distribution, jobs, and national development paths.

    How China's Supply Chain Dominance Has Affected Other Countries:-
    What China Gained-
    1. Massive Export Growth:
    China became the largest exporter in the world.

    Exports = Trillions in GDP, helping lift hundreds of millions out of poverty inside China.

    2. Job Creation at Home.
    Industrial zones created millions of manufacturing jobs.
    China moved from poverty to becoming a global middle-income power.

    3. Technological Advancement-
    By working with Western firms, China climbed the value chain (from cheap goods to high-tech).

    4. Foreign Currency Reserves & Political Power
    Export surpluses gave China enormous financial leverage and global influence.

    What Many Other Countries Lost-
    1. Collapse of Local Industries
    Small and medium industries (textiles, electronics, appliances, etc.) in countries like India, Bangladesh, Mexico, Nigeria, and even the U.S. couldn’t compete with China’s ultra-low prices.

    Cheaper imports = local factories close = job loss.

    2. Mass Unemployment & Informal Labor
    When industries collapse, formal jobs disappear.
    Workers are pushed into informal sectors, gig work, or low-paying jobs with no benefits.

    3. Poverty & Urban Migration
    Loss of industry = people move to cities in search of work = rise in urban poverty, slums, and underemployment.

    4. Dependence on Imports
    Local self-reliance is lost.

    Countries import basic goods they used to produce themselves — making them economically vulnerable.

    The Big Problem: Unfair Playing Field
    Many accuse China of winning by using unfair tactics:
    1. State subsidies to cut prices and flood markets.
    2. Currency manipulation to keep exports cheap.
    3. Copying technology without paying licensing fees.
    4. Poor labor/environmental standards that reduce production costs.

    While these strategies worked well for China, they undermined fair competition globally.

    Real Talk: Did Other Countries Let This Happen?
    Yes — and no.

    Countries Made These Mistakes:
    1. Neglected their own industries in the name of "free trade."
    2. Imported too heavily, instead of supporting local businesses.
    3. Didn’t invest in manufacturing, training, or industrial innovation.
    4. Believed globalization would “lift all boats” — but it didn’t.

    So while China’s rise hurt many economies, many governments failed to protect or build up their own supply chains too.

    What’s Happening Now?
    Global Shift:
    1. Rebuilding local industries is now a big trend.
    2. Countries are realizing they need to protect local jobs and production.
    3. Tariffs, incentives, and “buy local” campaigns are being used more and more.

    New Models:
    India, Vietnam, and Africa are investing in “smart manufacturing”.
    Youth entrepreneurship and small business support is growing.
    Regional trade blocks are being formed to cut dependence on China.

    What Can Be Done? (Solutions)
    Invest in local industry & skills
    → Governments must support small/medium enterprises with capital, training, and infrastructure.

    Diversify supply chains
    → Countries need to develop local alternatives for critical imports.

    Tariff balance & trade fairness
    → Use smart tariffs to protect key industries — not total isolation, but fair trade.

    Encourage innovation & tech transfer
    → Don’t just copy — create. Innovation hubs, R&D centers, and local tech development matter.

    Empower youth & workers
    → Education + hands-on skills = future-proof workforce.

    Final Thought:
    You're absolutely right — China’s rise brought prosperity to itself, but left many others struggling. However, it’s not too late.

    Countries that focus on rebuilding, innovating, and supporting local businesses can absolutely turn the tide — and create a more balanced and fair global economy.

    By Jo Ikeji-Uju.
    sappertekinc@gmail.com
    https://afriprime.net/Ikeji
    *Share your comments positive or negative........

    China’s rise as the "world's factory" has created huge global shifts — not just in trade, but in wealth distribution, jobs, and national development paths. How China's Supply Chain Dominance Has Affected Other Countries:- What China Gained- 1. Massive Export Growth: China became the largest exporter in the world. Exports = Trillions in GDP, helping lift hundreds of millions out of poverty inside China. 2. Job Creation at Home. Industrial zones created millions of manufacturing jobs. China moved from poverty to becoming a global middle-income power. 3. Technological Advancement- By working with Western firms, China climbed the value chain (from cheap goods to high-tech). 4. Foreign Currency Reserves & Political Power Export surpluses gave China enormous financial leverage and global influence. What Many Other Countries Lost- 1. Collapse of Local Industries Small and medium industries (textiles, electronics, appliances, etc.) in countries like India, Bangladesh, Mexico, Nigeria, and even the U.S. couldn’t compete with China’s ultra-low prices. Cheaper imports = local factories close = job loss. 2. Mass Unemployment & Informal Labor When industries collapse, formal jobs disappear. Workers are pushed into informal sectors, gig work, or low-paying jobs with no benefits. 3. Poverty & Urban Migration Loss of industry = people move to cities in search of work = rise in urban poverty, slums, and underemployment. 4. Dependence on Imports Local self-reliance is lost. Countries import basic goods they used to produce themselves — making them economically vulnerable. The Big Problem: Unfair Playing Field Many accuse China of winning by using unfair tactics: 1. State subsidies to cut prices and flood markets. 2. Currency manipulation to keep exports cheap. 3. Copying technology without paying licensing fees. 4. Poor labor/environmental standards that reduce production costs. While these strategies worked well for China, they undermined fair competition globally. Real Talk: Did Other Countries Let This Happen? Yes — and no. Countries Made These Mistakes: 1. Neglected their own industries in the name of "free trade." 2. Imported too heavily, instead of supporting local businesses. 3. Didn’t invest in manufacturing, training, or industrial innovation. 4. Believed globalization would “lift all boats” — but it didn’t. So while China’s rise hurt many economies, many governments failed to protect or build up their own supply chains too. What’s Happening Now? Global Shift: 1. Rebuilding local industries is now a big trend. 2. Countries are realizing they need to protect local jobs and production. 3. Tariffs, incentives, and “buy local” campaigns are being used more and more. New Models: India, Vietnam, and Africa are investing in “smart manufacturing”. Youth entrepreneurship and small business support is growing. Regional trade blocks are being formed to cut dependence on China. What Can Be Done? (Solutions) Invest in local industry & skills → Governments must support small/medium enterprises with capital, training, and infrastructure. Diversify supply chains → Countries need to develop local alternatives for critical imports. Tariff balance & trade fairness → Use smart tariffs to protect key industries — not total isolation, but fair trade. Encourage innovation & tech transfer → Don’t just copy — create. Innovation hubs, R&D centers, and local tech development matter. Empower youth & workers → Education + hands-on skills = future-proof workforce. Final Thought: You're absolutely right — China’s rise brought prosperity to itself, but left many others struggling. However, it’s not too late. Countries that focus on rebuilding, innovating, and supporting local businesses can absolutely turn the tide — and create a more balanced and fair global economy. By Jo Ikeji-Uju. sappertekinc@gmail.com https://afriprime.net/Ikeji *Share your comments positive or negative........
    AFRIPRIME.NET
    Ikeji
    "Those who believe they can do something and those who believe they can't are both right"
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  • https://www.databridgemarketresearch.com/reports/global-smart-manufacturing-market
    https://www.databridgemarketresearch.com/reports/global-smart-manufacturing-market
    Smart Manufacturing Market Size, Value, Trends & Applications By 2030
    Smart Manufacturing Market was USD 25.85 billion in 2022 and is expected to reach USD 81.23 billion by 2030, registering a CAGR of 14.8% during the forecast period
    0 Σχόλια 0 Μοιράστηκε 190 Views 0 Προεπισκόπηση
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