Africa’s journey towards deeper regional integration through the African Continental Free Trade Area (AfCFTA) will make Africa more attractive for foreign direct investment (FDI), from within and outside Africa, including from the UK.
We estimate that a deeply integrated and effectively implemented AfCFTA could over time lead to a boost of £12.5 billion, or around a 25% increase, in the stock of UK FDI in Africa. In this way, AfCFTA has the potential to increase FDI that supports Africa’s productive, digital and green transformation.
