All stakeholders emphasised the role of foreign direct investment in leveraging this potential and the importance of attracting sustainable investments that comply with social and environmental standards.
PIGA is part of Invest Africa (IA), a flagship programme of the United Kingdom and Northern Ireland’s Department for International Development (DFID) facilitating foreign direct investment with high development impact into selected African countries.
Under IA, PIGA aims to contribute to job creation and sustainable growth in Ethiopia, Kenya, Mozambique and Zambia by supporting these countries to attract foreign direct investment, specifically Chinese investment, in the agro-processing and light manufacturing sectors. PIGA is also designed to enhance the capacity of these countries for effective investment promotion.
PIGA is implemented by the International Trade Centre (ITC) in cooperation with the China Council for the Promotion of International Trade (CCPIT) and the China-Africa Development Fund (CADFund).