Africa: Regional Integration Can Boost Foreign Direct Investment

2 November 2012

Experts at the ongoing African Economic Conference in Kigali yesterday agreed that the bottom line in boosting Foreign Direct Investment (FDI) on the continent is to strengthen regional integration because it creates larger domestic markets and stimulates trade.

"At a time when China, India, Brazil and other large emerging markets are taking on such a prominence in the global economy, we must surely focus the minds of African policymakers, particularly from smaller, landlocked countries, on the importance of pushing forward the regional integration agenda", said Andrew Mold, a senior Economic Affairs Officer of ECA.

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