More than 3000 free-zones are scattered across 135 countries all over the world, and in Africa in particular. Although designed with the aim of stimulating the local economy and attracting foreign capital, this model limits the financial flexibility of States by reducing the tax revenues.

Besides, the creation of this specific statute in some weakly regulated jurisdictions would expose governments to potential over-use or misuse.

 

 

 

Africa must propose innovative strategies to attract private investments and thus sustain its growth. How to answer the challenges generated by these capital flows whilst maintaining sustainable attractiveness? How to narrow the fiscal dumping between states?

On the basis of their personal experience, high-level leaders will provide some answers to theses questions: