How infrastructure investments in East Africa could spur industrial growth

The industrialization of Africa has long been a topic of discussion, with many experts highlighting the importance of technology in driving this transformation. Fazan Formo, a key player in Africa's industrial revolution, emphasized the critical role of infrastructure in spurring industrial growth in the region. In a recent interview on CNBC Africa, Formo elaborated on the infrastructure developments taking place in East Africa, particularly focusing on the Ramu port South Sudan Ethiopia Transport Corridor and the Lamu port project. Formo highlighted the significance of technology in modern infrastructure developments, emphasizing its role in enhancing productivity and driving economic growth. The Ramu port South Sudan Ethiopia Transport Corridor, described as the 'land bridge across the African continent,' aims to connect the east and west coasts of Africa through a comprehensive network of roads, railways, pipelines, resort cities, special economic zones, and international airports. This ambitious project is poised to revolutionize regional trade and unlock new opportunities for investment and innovation. One of the key projects under this corridor is the Lamu port, a deep-water port that is currently under construction. Formo revealed that the construction of the port began just two years ago, with completion expected by 2020. Once finished, the port will boast three terminals, making it the largest port facility in Africa. With a depth of 18 meters and terminals of 400 meters length, Lamu port is set to become a vital gateway for trade and commerce in the region. The benefits of this infrastructure project extend beyond East Africa, impacting the entire continent. By opening up the interior regions of Africa and connecting the east and west coasts, the Lapset corridor is expected to stimulate regional innovation, enhance trade opportunities, and attract investments. Formo emphasized that by integrating countries and facilitating interregional trade, Africa is not only strengthening its position in the global market but also empowering local communities to leverage new opportunities for growth and development. In conclusion, the infrastructure investments in East Africa, particularly the Ramu port South Sudan Ethiopia Transport Corridor and the Lamu port project, represent a significant step towards industrial growth and economic transformation in the region. With technology playing a pivotal role in driving these developments, Africa is poised to leverage its untapped potential and emerge as a key player in the global economy.