The development of regional value chains across Africa presents an opportunity to create market linkages between regions, integrate critical supply chains and replace some products that currently being imported from outside of the continent, said Trade, Industry and Competition Minister Ebrahim Patel. "The African market represents a R7-trillion market opportunity for goods that can be manufactured on the continent. However, for these opportunities to materialise, there is a need to resolve the structural constraints that may prevent Africa and South Africa from seizing the opportunities presented," he noted during his keynote address to the 2021 Manufacturing Indaba on November 22.
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