North Africa investment pivot will fall short

Subject

Foreign investment regulations in North Africa.

Significance

Governments across North Africa are refining their business regulations in an effort to attract more investment from their domestic private sectors and from international companies, in the hope that this will lead to higher rates of economic growth.

Impacts

• The Egyptian government is set to revive tax incentives twelve years after they were dropped.
• Newly formed governments in Algeria and Morocco are also considering refinements to their investment regulations.
• Companies will remain wary, as they have well-founded reservations about basic standards of governance and accountability.