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Enhancing investments in Africa
Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine 110 km northwest of Lubumbashi in Congo's copper-producing south in a picture taken on January 29, 2013.
Africa must adopt a comprehensive and bold strategy to attract more Foreign Direct Investment (FDI). Essential components of this strategy include implementation of robust infrastructure upgrades, cultivation of a highly skilled workforce, and the promotion of sector diversification.
A pivotal study titled Exploring Data on Foreign Direct Investment to Support Implementation of the Africa Continental Free Trade Area (AfCFTA) Protocol on Investment, underscores issues that can explain effectiveness of FDI within the AfCFTA framework.
