Programs To Help South Africa Turn Into a Growing Economy

South Africa is one of the countries that need development in quite a few sectors. Focusing on a few growth opportunities could deliver significant gross domestic product (GDP) growth, create jobs, and raise its economic status. NGOs from around the globe are lending their helping hands to help the country develop. There are also many best solar energy programs concentrating on providing energy sources to the people of the country.

Let’s take a look at a few important factors to concentrate to help South Africa turn into a growing economy

Advanced manufacturing

South Africa has the potential to draw on its skilled labor to grow into a globally competitive manufacturing hub. It can start by focusing on high-value-added categories, which include: automotive, industrial machinery and equipment, and chemicals. To realize this opportunity, South African manufacturers should pursue new markets and step up innovation and productivity.

Infrastructure productivity

Looking at the current scenario, South Africa is largely investing in infrastructure; however, the big gaps remain in electricity, water, and sanitation. By forging a true partnership, or helping organizations working on them can together drive three strategies to make infrastructure spending up to 40% more productive, which means it can make maximum use of existing assets and increasing maintenance.

Natural gas

South Africa has been experiencing an electricity shortage, resulting in constrained growth. Helping the country get natural solar energy can provide an alternative to diversify the power supply. Well-wishers can also attend solar energy programs in Africa to help NGOs that work on projects that would help improve on human conditions in the rural areas, providing electricity to the world poorest poor, get pump clean water, power home, power health clinic, and more.

Service exports

Even though South Africa has highly developed industries in the service sector, it still currently captures only a minimal percentage of the rest of sub-Saharan Africa’s market for service import. The right investments and service businesses could increase exports of the region. The government and NGOs can also help by promoting regional trade deals.

Medical Institutions

The number of students attending higher education is extremely low. The number, quality, and capability of health care workers across countries as a ratio to the population are low. This makes the health care sector quite weak to cope with massive outbreaks like Ebola and malaria.

Besides the best solar energy programs, there are many other programs you can attend to help South Africa turn into a growing economy.

Author: The author is a blogger and the article talks about programs to help South Africa turn into a growing economy.