New ECA report reveals AfCFTA’s impact on investment

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The Regional Integration and Trade Division (RITD) of the Economic Commission for Africa (ECA) today launched a publication entitled: “Towards a Common Investment Area in the African Continental Free Trade Area (AfCFTA): Levelling the Playing Field for Intra-African Investment”.
The report, launched on the sidelines of the Second Session of the Committee on Private Sector Development, Regional Integration, Trade, Infrastructure, Industry and Technology, provides concrete evidence and data to policy makers, media and business-owners on how they can take advantage of the economies of scope and scale of the envisioned AfCFTA Investment Protocol to attract investment.
Presenting the report, Mr. Joseph Baricako, speaking on behalf of the Director of the Regional Integration and Trade Division (RITD) of the ECA, Mr. Stephen Karingi, said: “To attract new FDI during the post-pandemic recovery and rebuilding stage, the upcoming AfCFTA negotiations should serve as a platform to harmonize investment rules and create a level playing field for investors.”