Investment Policies and Bilateral Investment Treaties in Africa
Implications for Regional Integration
Investment in Africa has surged in recent years due largely to its growth performance in the last decade, its rising consumer market and middle class, high rates of return on investment, as well as natural resources wealth. These pull factors for investment have been boosted by an increasing demand for its natural resources, especially from emerging economies. The continent’s share of global foreign direct investment (FDI) reached 4.4% in 2014. At the regional level, West Africa had the highest share (24%), followed by Central Africa (23%) and North Africa (21%).