Africa-Press – Angola. Economist Dínis Mussango defended, this Thursday, in Luena (Moxico), the need for the countries of the Community for the Development of Southern Africa (SADC) to bet “strongly” on improving government transparency, with a view to attracting investments for this economic bloc.
University professor of Angolan Economics, Dinís Mussango was speaking to press, within the framework of the celebration of the Liberation Day of Southern Africa, marked March 23, reinforcing that the countries of the region need a strong investment to reach the desired economic integration.
In order to achieve this objective, the academic stated that the main challenge for SADC member states is the industrialization of their economies, as it is decisive in the production of goods, stimulating trade between people in the region.
Dinís Mussango understands that most of these countries still have a rudimentary industrial system, with no capacity for transformation, hindering desirable economic growth.
To reverse this situation, he defended investment in the energy sector, replacing thermal sources with large hydroelectric dam projects, to accelerate industrialization and the transformation of raw materials into final consumer goods.
He regretted the fact that African economies have an extractive tendency, based on the withdrawal of natural resources to be transformed outside the continent, by western countries.
“We need to find African solutions to African problems, with the intention of the continent becoming self-sustainable, because it makes no sense for goods extracted here to be transformed in Europe and the Americas”, he maintained.
According to the economist, the countries of the SADC bloc and the continent in general, should intensify trade relations with each other, based on the productive specialization of each State.
Another measure for the region’s economic growth is the need for countries to attract more investment, to the detriment of financing, allowing the creation of jobs, he considered.
Regarding Angola’s role in the Economic Integration of SADC, he said that the country must necessarily invest in building roads, as there is a lot of discontinuity in terms of road infrastructure.
The focus on training staff, diversifying the national economy, as well as increasing oil refining capacity will also be fundamental to compete with other SADC nations.
SADC member countries are South Africa, Angola, Botswana, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Democratic Republic of Congo, Seychelles, Swaziland, Tanzania, Zambia and Zimbabwe.
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