The African Continental Free Trade Area , with 54 countries participating, is creating the largest free trade area in the world.Regional investment initiatives have existed in Africa for some time and provide valuable lessons for the AfCFTA.
Among other things, the draft protocol provides for a Pan-African Investment Agency to help coordinate investment promotion by AfCFTA member states. To ensure its success, lessons from previous attempts must be examined. Given that regional value chains may require cross-border investment, a coordinated approach is ideal
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