On 19 February 2023, the African Union Heads of State adopted the Protocol on Investment to the African Continental Free Trade Area Agreement (“AfCFTA”).
Although the text of the Protocol on Investment itself is not at present accessible to the public, this overview analyses the provisions of the final draft (referred to as the "Draft Protocol").
The AfCFTA Investment Protocol promises to usher in a new era for African investment. Our analysis of the Draft Protocol sheds light on the potential implications for businesses, investors, and the continent as a whole.
This update highlights the key provisions and their impact on:
- Investment Protection
- Market Access
- Sustainable Development
- Investor-State Dispute Resolution
For more details, please check Mayer Brown's latest update and perspective on AfCFTA.