Rethink investment and help Africa realize its vast potential
Outlet: Arab News
Language: English
Abstract: Despite Africa's high returns on investment, the continent struggles to attract sustainable foreign direct investment (FDI), hindering its socio-economic development. To close the $4 trillion investment gap impeding Africa's progress, a comprehensive reassessment is imperative, focusing on factors like political stability, institutional quality, and infrastructure. Transforming Africa into a prosperous continent requires cultivating environments that encourage FDI and address underlying deficiencies. Therefore, recognizing Africa's potential beyond poverty eradication is vital for fostering inclusive development, resilient infrastructure, and innovation.
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