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The objective of this paper is to interrogate the extent to which national and regional investment policies in Africa are sufficient to facilitate sustainable China- Africa industrial capacity cooperation so as to spur industrialization on the continent. It focuses on a tripartite review of the existing investment regimes in the Southern African countries of Botswana, South Africa and Zambia as case studies. The study found that although there were notable successes recorded in industrialization to date in the three countries, especially in South Africa and Botswana, the rate of industrialization was very slow. The paper concludes that the China- Africa industrial capacity cooperation initiative presents an opportunity to unlock the industrialization potential of these three countries in particular, and African countries in general, and this can only be realized if African countries make interventions to address the gaps and limitations within their investment regimes. [ABSTRACT FROM AUTHOR]

China's foreign direct investment in Africa is poised to continue to expand rapidly in the coming years. However, investment has not come without costs, especially to the precious African environment. It is more important than ever that governments reevaluate their policies regarding investment practice that may undermine sustainable development goals. [ABSTRACT FROM AUTHOR]