Africa faces several challenges as it struggles to protect its own tax base in the face of renewed interest as a favourite destination for foreign investments. The race to attract foreign investments is emerging as a “race to the bottom”  as countries use harmful tax incentives or sign unsound double tax agreements that severely erode their tax bases and limit their taxing rights on corporate income.  TJNA promotes transparent national investment regimes that support DRM and prevent practices, such as the “race to the bottom”, which is characterised by harmful tax competition between African countries to attract foreign direct investment (FD).