Investment for development

Investment policy in Southern Africa


The NEPAD-OECD Africa Investment Initiative supports members of the Southern African Development Community (SADC) to identify and implement concrete reforms to strengthen their investment climate.

Unlocking investment potential in Southern Africa

Using NEPAD and OECD peer learning methods and instruments, this project generates consensus on investment re‌lated policy reform among stakeholders in Southern African countries. Representatives of governments, private sector, civil society and development partners work together to share good practices for investment policy reforms to help build a sound investment framework in the region, including:

  • evaluating the current state of countries' investment policy regimes using the Policy Framework for Investment (PFI)
  • providing technical support and building implementation capacity in the civil service
  • defining time-bound reform priorities
  • establishing a sustainable coordination mechanism to monitor regulatory reform
  • facilitating the sharing of national experiences through regional forums and peer reviews

Investment policy reviews

Zambia and Mozambique have both completed investment policy reviews. These reviews examine the governments' achievements in developing an open and transparent investment regime and their efforts to reduce restrictions on international investment. 

They offer recommendations in the form of policy options which are designed to help governments mobilise investment in support of economic growth and sustainable development. 

BotswanaMauritiusNigeria and Tanzania are currently engaged in a similar review process. 




This project is conducted within the institutional framework of the NEPAD-OECD Africa Investment Initiative, under the oversight of the NEPAD Steering Committee and the OECD Investment Committee. 


Further reading

Project overview Unlocking investment potential in Southern Africa programme brochure (PDF)


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