Explain factors that have hindered industrialization in Africa.
Answer:
-Lack of adequate funds to invest in industrial sector.
-Lack of skilled man power due to brain drain.
-poor means of transport and communication system hindering transportation of raw materials and finished products.
-Competition from developed countries whose goods are of high quality and cheaply produced.
-Low purchasing power of people due to poverty.
-Political instability/wars have slowed down industrialization.
-HIV and AIDS pandemic has robbed Africa both skilled and unskilled man power.
-Military expenditure have greatly hampered industrial development.