The promotion of foreign private investment has been an important component of various German initiatives in Africa since the Compact with Africa drafted by the German government as part of the G20. While political discourse often focuses on how best to support German companies in their activities on the African continent, the extent to which investments actually contribute to sustainable development and poverty reduction has rarely been discussed.
A new study by WINS Global Consult, commissioned by Bread for the World, has explored this question and, based on a number of examples, has drawn up recommendations for policymakers, business and civil society on the conditions under which foreign private investment in Africa could contribute to development goals and where risks and challenges lie in the process. The study was carried out by WINS director Dr. Matthias Witt along with the key expert Jannick Saegert and Dr Hugo Winters and was presented at a public event on February 23rd 2021.
We are glad to now be able to share the publication with you. You can find the hard copy or digital copy on our website under publications. As per popular request you can already find Dr Witt's slides from the presentation here.
Thank you to all who could be present at the event and be sure to check out our study!