Economic Commission ( Ec ) For Afric A Perspective Of Foreign Direct Investment ( Fdi )

2053 Words Sep 21st, 2014 9 Pages
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Economic commission (EC) for Africa: A perspective of foreign direct investment (FDI) to Africa and intra-trade relations in Africa

Abraham Rukevwe Idogho

Summary of EC mandate
The Economic commission for Africa (EC) pursue an integrated economic agenda of a free trade and a custom union agreement among the various trading blocs in Africa, and it also provides platforms for global demand for African exports, attract inflows of foreign direct investments (FDI), and negotiate favourable trade agreements with foreign equals. However, like most institutions, the EC responds to internal and external forces that can positively or negatively affect its operations. This paper attempts to evaluate and present some of these forces and their impact on the mandates of the EC. The structure of this paper follows the guidelines of the performance branch of the Saskatchewan ministry of finance. However, after each sub heading, analysis or impacts of events will follow. A general conclusion/synopsis concludes the paper

1.1. Broad external trends affecting the EC and its partners in the African union
In today’s world of investment, every country, every region, competes for foreign direct investment; however, they do so disproportionately - one thing is for sure: The more FDI, the better. FDI flows generally follow investor’s choices, interests, and perceptions. The need to earn more creates new opportunities for investors and nations alike. But…

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