Africa's second decade of industrial development, from 1991 to 2000, gave rise to the creation of Africa Industrialization Day It was established by the UN General Assembly in 1989 by resolution of December 22, adhering to the goal of accelerating the pace of industrial development on the lagging continent with the support of developed world powers November 20 was designated as an official day and is now celebrated annually in UN member countries since 1990 Natural resources make Africa rich It has large deposits of ores and metals The northern and western parts of the continent are the world's suppliers of oil and gas The world also receives a significant share of tropical and subtropical agricultural products from Africa But economic development is slowed down by factors such as the lack of access to the sea and ocean in most countries, and the rugged coastline prevents the construction of large ports In addition, the soil in not all countries of the continent is suitable for agriculture It is worth noting that the main causes of poverty in African states are considered to be the low level of education of the population, especially in schools, low investment in enterprises, poor infrastructure between countries, and a lack of science and technology, affecting the already small number of qualified specialists According to statistics, about 70% of the mainland's population lives below the poverty line The African continent is considered the laggard of all others in terms of industrialization Industrial progress and the provision of jobs to the population have virtually no growth Since the founding of Industrialization Day, 1% of Africa's industrial production has been supplied to the world market Most developed countries impose restrictions on imported goods from lagging African countries, which in turn worsens the economy of the latter During the next UN meeting dedicated to African Industrialization Day, the Secretary-General made a request to representatives of developed countries to open access to industrial goods from the black continent In turn, African powers should prepare suitable conditions that influence the growth of entrepreneurial activity The international community can provide assistance in this matter By raising industry to a sufficient level, African countries will be able to process raw materials, which in turn will increase their selling price Today, shifts in economic growth in a positive direction are already noticeable Improving the economy helps solve problems of high unemployment and will reduce poverty in the future In addition, to increase the industrialization of the continent, the main emphasis should be on improving investment programs, transparency of laws, and reducing the level of corruption Although, as the practice of many developing countries shows, this difficult task requires more than one year of hard work