In the lead up to Dakar 2: Feed Africa Summit and the 2nd Dakar Financing Summit taking place this month in Senegal, Africa PPP Advisory team have pulled together an Insight Report that explores how African countries can leverage AfCFTA for positive FDI that contributes to sustainable and inclusive economic growth.
The African Continental Free Trade Agreement (AfCFTA) was launched in 2019 and aims to create a single market serving 1.3 billion people with a combined GDP of $3.4 trillion. It provides an opportunity for increased investment across the continent. But this will not happen because it should. African countries need to be proactive in taking steps to ensure that investment flows and economic activities translate to the creation of sustainable jobs, knowledge and innovation spill overs, poverty reduction, and inclusive and sustainable economic growth.