Overall, globalization has contributed to economic growth in Africa, but post COVID-19, authorities around the world are tightening restrictions and implementing barriers to foreign investments in a bid to protect industries that may be left vulnerable during these times. Lerisha Naidu, Partner, and Selma Matsinhe, Associate, in the Competition and Antitrust Practice Group in Johannesburg, explain how a careful balance needs to be struck between protectionism and attracting foreign investment.