Proposed AfCFTA investment protocol should be simplified to attract FDIs

July 8, 2021 The Guardian 0 Comments

The United Nations Economic Commission for Africa (UNECA) has argued in its report, which offers policy recommendations to member states wishing to take advantage of the economies of scope and scale of the envisioned AfCFTA Investment Protocol, to ensure that the proposal is simplified to attract needed foreign direct investments.

The report, titled “Towards a Common Investment Area in the African Continental Free Trade Area: Levelling the Playing Field for Intra-African Investment “was presented by Stephen Karingi, Director, Regional Integration and Trade Division of the ECA, at the Annual Investment Meeting (AIM) event “AFRICA Unlocked: Innovation & Sustainability as the Drivers of Economic Growth.” Read More.

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