1887

n AfricaGrowth Agenda - Investment climate in Africa : a closer reconnaissance

Volume 2013, Issue 4
  • ISSN : 1811-5187

Abstract

Africa remains a supplier of raw materials for developed and developing economies. This is largely explained by weak industrialisation drive in the continent due to poor investment climate, which fails to attract new investors, as well as, enticing the existing ones to expand their investments. Other factors are; poor and or irrelevant macroeconomic policies, education systems which do not fully respond to her prevailing needs, coupled with inadequate financial resources. The skills obtainable from the graduates are not adequate to address the socioeconomic needs of the continent. Nonetheless, a conducive investment climate is not only a necessary condition to drive economic development, but also lubricant to attracted new and dynamic investors to expand their business interests.

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/content/afgrow/04/1/EJC133776
2013-04-01
2020-10-28

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