What is holding back investment in Africa? Foreign direct investment (FDI) to the continent decreased from 12% of the world’s total in 2017 to less than 6% in 2021. Yet, Africa boasts a huge diversity of assets, not least in its young and vibrant human capital, and vast renewable energy resources. These should attract a much larger share of the world’s soaring investment in transformative and sustainable activities.
During the Forum, Africa’s leaders, movers, and shakers explored the continent’s untapped opportunities, reviewed policy options to boost sustainable investment, and discussed reforms in the global financial architecture that can enhance its access to affordable finance.
The 22nd International Economic Forum on Africa was organised by the OECD Development Centre and the African Union Commission.
- The Forum took place on Tuesday, 31 October 2023, at the OECD headquarters in Paris
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