Investment for development

NEPAD-OECD Roundtable on Mobilising Private Investment in Africa in Support of Development: Laying the Foundations for Sustained Progress

 

12-13 December 2006 - Brazzaville, Republic of Congo


There is no region in the world where private investment is needed more than in Africa. Domestic capital formation and international investment are drivers of development and crucial for sustaining higher living standards. There have been encouraging economic developments in many African economies since the beginning of the decade. Domestic investment has expanded robustly and high output growth maintained.  In terms of international investment, inflows remain predominantly in the resources sector, concentrated in a small number of African countries and overall inflows still represent a small fraction of global international investment. In a nutshell, the challenges of achieving sustainable development in Africa and creating an enabling environment for investment in the continent’s countries go hand in hand.

Learning from the experience of African countries where progress has been made in reforming the investment environment can serve as a basis for inspiring reform efforts in other African countries, thereby contributing to regional development goals. How to make the most of such peer learning methods within the context of the African Peer Review Mechanism (APRM) process is the main thrust of this Roundtable and is one of the central elements of the joint action plan by NEPAD and OECD for implementing the NEPAD and OECD (www.oecd.org/daf/investment/africa). 

The NEPAD-OECD Roundtable held in Brazzaville on 12-13 December 2006 addressed these issues using the Policy Framework for Investment (PFI - www.oecd.org/daf/investment/pfi), a new tool to assist governments to mobilise private investment, and to the development of which African countries contributed.  The introductory session on the PFI included a presentation on the role of official development assistance (ODA) in promoting private investment for development (see: www.oecd.org/dac/investment), and chapters 1 and 2 of the PFI provided the basis for a stocktaking of regulatory environment obstacles to international investment in selected African countries. The third and fourth sessions explored how the PFI could be used to assist African countries to prepare a programme of action within the APRM process. 

Documentation

Presentations

Background material

-  Text of the Policy Framework for Investment [ Policy Framework for Investment / français ]
Promoting Private Investment for Development: the Role of ODA
Building Investment Policy Capacity: The OECD Peer Review Process
-  World Bank Doing Business 2007 is available at www.doingbusiness.org

Roundtable organisation

Mr Jonathan Coppel
Lead Manager
Investment Division
Tel: +33 1 45 24 14 47
E-mail: Jonathan.COPPEL@oecd.org

Mr Toru Homma
Project Manager
Investment Division
Tel: +33 1 45 24 84 48
E-mail: Toru.HOMMA@oecd.org

Ms Nana Shodu
Consultant
Investment Division
Tel: +33 1 45 24 93 88
E-mail: Nana.SHODU@oecd.org

Further reading

 

 

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China (People’s Republic of)
  • Chinese Taipei
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Côte d'Ivoire
  • Democratic People's Republic of Korea
  • Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • European Union
  • Faeroe Islands
  • Fiji
  • Finland
  • Former Yugoslav Republic of Macedonia (FYROM)
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong, China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iraq
  • Ireland
  • Islamic Republic of Iran
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao (China)
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia (Federated States of)
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • Netherlands Antilles
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Administered Areas
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Russian Federation
  • Rwanda
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Serbia and Montenegro (pre-June 2006)
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovak Republic
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian Arab Republic
  • Tajikistan
  • Tanzania
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • United States Virgin Islands
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands (UK)
  • Wallis and Futuna Islands
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe