Foreign Direct Investment (FDI) in Africa: An Overview of the Key Challenges and Prospects

Abstract

Economists and governments unanimously agree these days on the crucial importance of foreign direct investment. (FDI). They see it both as the global market's "seal of approval on a country's policies and prospects, and as a force, especially in developing countries for far reaching economic change. This essay attempts to show the key challenges that underpin foreign direct investment in Africa and why it is absolutely necessary to address them.