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5 Round Table 5 Wednesday, 3 December 2003, 09:00-11:00 CET
Conference Room B
  Promoting Investment in Developing Countries
(with special reference to Africa) -
Challenges, Opportunities and Experiences
 Issue Paper

 Étude
analytique

The fifth Round Table on Promoting Investment in Developing Countries gave special emphasis on the challenges faced in the area of foreign direct investment (FDI) in Africa, in particular sub-Saharan Africa. The key role of investment (in machinery and equipment) in bringing about structural change in a poor economy cannot be overemphasized.

FDI in particular brings in new ideas, new technologies and managerial know-how and leads to an improvement of the average skills and efficiency levels of industry. They cumulatively help in diversifying the economy while at the same time contributing to higher productivity and growth - essential conditions for the realization of the MDGs, particularly the eradication of poverty.

The Round Table addressed the question of highly asymmetrical patterns of global flows and stocks of FDI, examined the reasons for the almost complete marginalization of Africa in general and sub-Saharan Africa in particular from mainstream manufacturing and export-led FDI, identified the challenges faced by those and other developing and least developing countries in that area and deliberated on the responses to be crafted to meet the challenges.

Opening Statement 
H.E. Mr. Yoweri Kaguta MuseveniPresident of Uganda
Keynote Speaker 
Mr. Peter BuckleyProfessor, Centre for International Business, University of Leeds
Panelists 
Mr. Dick KramerChairman, Capital Alliance Nigeria (CAN)
Mr. Patrick HelsonChief Operating Officer, CDC Capital Partners
Mr. Carlos Da SilvaDirector of Operations IBM Central and Eastern Europe / Middle East / Africa Inc.
Mr. Bunmi OniCEO of Cadbury Nigeria
Ms. Maggie KigoziExecutive Director, Uganda Investment Authority, Vice-President World Association of Investment Promotion Agencies (WAIPA)
Mr. François de GrivelChairman/Managing Director or Director of several export companies situated in Mauritius, former President of Mauritius Export Processing Zone Association, former President of the Mauritius Chamber of Commerce and Industry
Moderator 
Mr. Brian CaplenEditor, FDI Magazine, Financial Times Group

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