African Union Trade and investment are recognised as key drivers of economic growth. It is therefore important that African countries develop and implement policies that encourage, protect and stimulate investment (local and foreign) and trade in order to accelerate economic growth. QUESTION 1: To what extent are your country’s investment policies facilitative of economic growth? Describe the investment policy framework of your country, including but not limited to: The principles underlying investment policies Policies on national ownership Investment strategies and instruments, priorities areas Laws and regulations INDICATORS Antimonopoly policies Index of economic freedom Costs of conducting business Licensing procedures Investor tax incentives Access to resources Labour laws Financial market regulation Infrastructure Preferential economic policies e.g. Export Processing Zones FDI figures Flows of domestic investment Property rights regimes Ease of doing business index Describe the regularity/frequency with which investment policies are reviewed. What drives these revisions? Assess the effectiveness of investment policies. INDICATORS Enforcement of contracts Proportions of FDI to domestic involvement in different sectors EPZ and tax concessions Infant industry policies 39