# A report by the Business Council for Africa says most African countries are not yet capable of sustaining industrial growth. According to the report, only South Africa, Egypt, Morocco, and Mauritius currently meet the requirements for long-term industrialisation. The report highlights electricity, transport, and science, technology, engineering, and mathematics education and strong financial institutions as key drivers. Meanwhile, corruption and security instability remain major obstacles to economic development across the continent.
Business Council for Africa report warns Africa lags in industrial growth