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Policies for catalysing investment in Africa: international aspects

Although the primary responsibility for catalysing investment in Africa rests principally with national Governments, the international community also has an important role to play because the global environment has a bearing on the ability of African countries to effectively boost and use investment for transformative growth in Africa. The global environment also affects the kinds of policy instruments and space that African Governments have with which to promote investment. In this context, concerted actions are needed at the national, regional and international levels to stimulate investment in Africa. Against this backdrop, this chapter focuses on selected international economic issues that affect investment in Africa. These are strengthening linkages between local and foreign enterprises, stemming capita flight to release more resources for investment, using aid to catalyse investment, and boosting investment through fostering international trade.

Related Subject(s): Economic and Social Development
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