Time for Asia to invest in African manufacturing

The NTU-SBF Centre for African Studies (CAS) hosted Prof Michael Tanchum at the Nanyang Technological University. Prof Tanchum, who is a non-resident fellow at CAS and a frequent contributor, sees the future of industrial and agriculture production in Africa.

According to Prof Tanchum the size of the market, a young energetic population and plentiful land and energy sources means that Asian investors can no longer afford to ignore the industrial potential of Africa. He identified green hydrogen, clean technology and batteries as some of the most exciting sectors and touted Morocco as a shining example of an African state that has used its natural wealth (phosphate) and its geography (proximity to Europe) to attract foreign direct investments. 

NTU Board of Trustee member Mr Tan Chin Hwee presenting the Nigeria economic roadmap report published by the NTU-SBF Centre for African Studies to Prof Michael Tanchum .

Her Excellency Madiepetsane Charlotte Lobe, the High Commissioner of South Africa to Singapore presenting a token of appreciation to Prof Michael Tanchum.