The 3rd COMESA Investment Forum at Sharm El Sheikh, Egypt, just closed on a positive note. There were over 800 delegates from 65 countries.
Earlier during the Forum, the former president of Botswana, one of the most successful African countries, said that Africa was bursting with business and investment opportunities and offered the best return on investment in the world.
Nassif Sawiris, Chairman and CEO of Orascom Development, called for a clearer legal environment if Africa is to attract more investment. He added that more transparency in contract enforcement was needed to reassure investors of the security of their ventures.