Africa Needs $2 Trillion for Green Manufacturing, McKinsey Says

  • Continent’s low development is opportunity for green business
  • A net 3.8 million jobs could be created by attaining net zero
Photographer: Waldo Swiegers/Bloomberg
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Africa’s lack of industrial development puts it in a strong position to develop low-carbon manufacturing without the costs of transitioning from fossil fuel-based factories, McKinsey & Co. said.