The Pan-African Manufacturers Association (PAMA) has said that persistent insecurity has constituted a major threat to the manufacturing sector’s growth in Africa, citing violent insurgencies, political instability, and armed conflicts as key threats to industrial progress and investor confidence.
This assertion was contained in a report titled “The Shadow of Insecurity: A Threat to Africa’s Manufacturing Sector,” published in its February newsletter.
PAMA noted that conflicts across the continent are crippling industrial output and driving away investors.