Since the late 90s ,African Special Economic Zones have gained considerable traction and are considered as
one of the main instruments to stimulate economic growth ,promote FDI, and accelerate industrialization.
According to the African Economic Zones Outlook 2021, there are 203 operational SEZs in Africa and 73
projects that have been announced for completion. SEZs are well developed across the continent and present
in 47 of the 54 countries, and are responsible for the creation of 60 million jobs in agro-processing,
manufacturing and services, with an average female participation of close to 37%.
Through the major role of accelerating industrialization and boosting industrial transformation ,SEZs have
rightfully proven their unshaken status as a resilient economics stimulator and accelerator of sustainable
industrial value chain development.
While sustainability and durability have long been priorities for SEZs operators in Africa, they have not been
adequately emphasized as much as they should have been until recently. As such, introducing new business
models fit for an urban frame work that combines was the management ,energy transition ,health and wellbeing,
among other factors ,is key to ensuring the successful implementation of sustainable SEZs projects.
Download Link: AEZO-Annual-Summary-Report-2022