Capacity building for the promotion of trade and investment in Africa: challenges and strategies

Why build capacity for trade and investment in Africa? By: Sako S & Kararach G
Published by: African Capacity Building Foundation, 2007
Via: Eldis

Given the experience of Africa over the last half century, it is clear that trade reform and openness alone is not sufficient to sustain economic growth and poverty reduction. Commitments made to developing countries under the Doha Development Agenda, to help them participate in negotiate and implement WTO agreements have not been backed by adequate resources. Lack of capacity has been pivotal to Africa’s inability to exploit investment and trade opportunities in the global economy. Constraints and challenges include ineffective policies, poor management systems and frameworks, weak governance, the presence of conflicts, the effects of HIV and AIDS and heavy external debt.

(http://www.acbf-pact.org/knowledge/documents/Occasional_Paper_6.pdf)