For Africa specifically, foreign direct investment is the
most essential external development tool. Despite some
of its negatives, FDI has the capacity to effectively address deep-rooted challenges like poverty, corruption, and conflict. Thus, with the ongoing challenges wrought by COVID-19, countries face real consequences for not attracting adequate amounts of FDI.
Advisory | Country-Level Trade & Investment Programs to Promote Business with North America
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We aspire for a time when governments reduce their focus on lobbying to build image, and pivot to programs that directly utilize powerful deal-making or deal-enhancing tools like Prosper Africa. We also look forward to engaging in discussions around those African products currently subject to tariff-rate quotas (TRQs), tariff peaks, tariff escalation, and other forms of protectionism.