Local Manufacturing: Securing Africa's Future through the Implementation of International Standards
Christopher Odero
2021-01-01
In recent years, local manufacturing has emerged as a critical priority for Africa's economic development. As the continent seeks to bolster its industrial capabilities and become more self-reliant, there is a growing realisation that adhering to international standards is essential for unlocking the true potential of Africa's manufacturing sector.
International standards play a pivotal role in ensuring that products manufactured in Africa can compete globally and be traded beyond local markets. When products adhere to these standards, they gain acceptance in international markets, opening up a world of business opportunities and the potential to export beyond borders.
For the medical devices and diagnostics industry, two prominent examples of international standards that hold immense significance in the manufacturing sector are the Medical Device Single Audit Program (MDSAP) and ISO 13485. Implementing regulatory reliance mechanisms like MDSAP and ISO 13485 not only enhances the quality and safety of medical devices but also allows African manufacturers to access global markets, thereby increasing their customer base and revenue streams.
Failure to adopt international standards could result in African-manufactured products being confined to the local market, limiting the growth and potential of businesses. Without conforming to these standards, the scope for exporting products to other regions diminishes significantly, hindering opportunities for economic growth.
This dilemma is reminiscent of the age-old question of whether to focus on local trade or delve into the world of exporting business. By embracing international standards, African manufacturers can bridge the gap between these two options, capitalising on local markets while simultaneously exploring vast international markets.
It is important to note that many African nations, especially those subscribing to World Trade Organisation (WTO) agreements, have legal obligations to comply with international standards. By fulfilling these obligations, African countries demonstrate their commitment to participating in the global economy on an equal footing, fostering trust and credibility among international partners. Implementing international standards is not just a matter of meeting regulatory requirements; it is a strategic move that can unlock Africa's potential to do business with the rest of the world. The global economy thrives on trade, and by adhering to these standards, African manufacturers can tap into the immense possibilities offered by international trade.
One of the key advantages of participating in international trade is the access to larger markets. With a vast and diverse population, Africa offers a substantial market size for its own manufactured goods. However, by adhering to international standards, African manufacturers can tap into the global market, which boasts even greater market size and, consequently, the potential for substantial returns. The convergence of local manufacturing and international standards presents a promising path for Africa's economic future. Embracing international standards allows African products to meet global requirements, facilitating their acceptance in international markets and enabling businesses to expand beyond local boundaries. By complying with international standards, African nations can fulfil their legal obligations, enhance their global credibility, and embrace the vast opportunities that international trade offers. As Africa moves forward in its journey towards self-sufficiency and economic prosperity, the integration of local manufacturing with international standards will undoubtedly play a pivotal role in shaping its success on the global stage.