The Representation of the German Federal State of North-Rhine Westphalia in Brussels is organising a monthly debate on development issues, reaching out to a broader audience of politicians, experts and development practitioners. On the agenda is a variety of topics concerning relations of the EU with developing countries in general and Africa in particular.
The topic of this debate will be the role of private investment for developing countries, in particular in Africa. Having been very much promoted as an innovative tool for financing development at last year’s UN conference in Addis Ababa, it seems that the reality on the ground remains somewhat different. Many investors still hesitate to engage in developing countries, especially in Africa and in more fragile environment) What can be done to spur this up? How to ensure that this investment really contributes to sustainable development? What is the role of international financing institutions for this? Is FDI the best solution after all or would it be better to support local investment?
ECDPM’s San Bilal will act as a resource person and sit on the panel.