Investment policy in Southern Africa

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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

Zambia investment policy review

Zambia is the first country to conduct an evaluation of its investment policy regime within the framework of this project.

This Review highlights Zambia's progress and identifies some remaining challenges for the country. The Zambian Government is considering new reforms, including the development of a harmonized investment policy, a review of its tax incentives system and of its framework for Public Private Partnerships. Implementing these reforms, and other policy recommendations found in the Review, would contribute to the further improvement of Zambia’s policy framework for investment.

Kimmo Sinivuori, Chair of the OECD Advisory Group on Investment and Development, Dr. Buleti Nsemukila, Permanent Secretary of the Ministry of Commerce,Trade and Industry of the Republic of Zambia, Mike Pfister, OECD Investment Division, Andrew Chipwende, Director General of the Zambia Development Agency at the release of the draft Zambia investment policy review in Paris on 12 September 2011.

Botswana, Mauritius, Mozambique 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.