1. Low purchasing power of people due to poverty
2. Government policies/ poor economies which do not offer conducive environment to attract foreign investment
3. Political instability/civil wars/power wrangles among leaders and border disputes have slowed industrialization
4. Neo-colonialism, whereby resources of the countries are owned by multinational companies from former colonies
5. HIV and AIDS scourge has robbed Africa both skilled and unskilled manpower
6. Military expenditure have greatly hampered industrial development.
7. Lack of adequate funds to invest in industrial sector
8. Lack of skilled manpower due to brain drain
9. Poor means of transport and communication hindering transportation of raw materials and finished goods
10. Competition from developed countries whose goods are of high quality and cheaply produced.
johnmulu answered the question on February 10, 2017 at 10:35
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