Leveraging Technology Innovations to Boost Africa’s Industrialisation

The study employed using dynamic panel modelling technique to examine the effects of technology innovations on industrialization in Africa using annual panel data from 2011 to 2022. The findings show that per capita income, total national reserves, and remittances positively affect industrialisation processes in Africa. With regards to technology innovations, the findings show that technological innovations positively influence industrialisation in Africa. The major policy implication is that Africa’s industrialisation could be realised by targeting technology innovation in the continent. The study therefore recommends that African countries should increase investments in innovation, strengthen and build institutions that support technology innovation.