DMG Events, a major organiser of face-to-face events and publisher of trade magazines, has emphasized the importance of accelerating industrialisation in West Africa for the economic prosperity of Nigeria, Ghana, Benin, and other nations.
In a statement, the organisation emphasized that industrialisation is vital, referencing a report by the United Nations Industrial Development Organisation, which revealed that Africa’s contribution to global GDP in 2024 was only 3%, with a mere 2% share in global manufacturing value.
The firm, which announced the West Africa Industrialisation, Manufacturing & Trade (West Africa – IMT) Summit and Exhibition in Lagos, Nigeria, from May 27-29, 2025, noted that the event would promote product valorisation and export, leading to returns more than 10 times the original value.