Harnessing FDI in Africa [1]

The narrative around Africa has changed over the last decade with it now being heralded as the economic powerhouse of the future. Many countries in Sub-Saharan Africa have laid a solid foundation to their economic growth. However, the next decade will prove crucial in sustaining this growth. To do so, job creation and foreign direct investment (FDI) inflows are crucial. John Sutton (LSE) discusses why and how African countries should attract FDI.

Editor’s Note: This column was first published by the IGC [2] and is based on this IGC Growth Brief [3].

Video: 
Standfirst: 
FDI is crucial for creating jobs and ensuring economic growth. John Sutton explains how African countries should attract foreign investment.
Date Published: 
Thursday, May 17, 2018
Tags: 
FDI [4]
jobs [5]
investment [6]
local content [7]
job creation [8]
Authors: 
j.sutton [9]
Cover Image: 
Topic: 
Firms & Trade [10]
Related content: 
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Chinese investment in Africa [12]
Demographics and FDI: Lessons from China's one-child policy [13]
How global retailers increased household welfare in Mexico by reducing the cost of living [14]
Photo Credit: 
Flickr | DFID