In today’s interconnected world, international trade and investment can play a pivotal role in driving economic growth and prosperity.
Amidst this landscape, two essential agreements have emerged on to the global stage, promising to reshape the way nations engage in investment activities: the African Continental Free Trade Area’s (AfCFTA) Protocol on Investment and the World Trade Organization’s (WTO) Investment Facilitation for Development (WTO IFD). These agreements may appear complex but, if implemented, their potential to foster economic development, encourage sustainable foreign investment and create new opportunities for the African continent can transform the international investment landscape.
Read the full article by Teniola Tayo and Khalid Alameer on the World Economic Forum’s blog: How the AfCFTA and WTO can work towards sustainable investment in Africa