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The past 50 years of Africa's history have been blighted by a lack of good governance, which has hindered economic growth and political stability. The continent continues to maintain weak states which are clearly evident in the persistent corruption, unconstitutional behaviour, inefficiency, waste and unnecessary bureaucracy that remain widely practised. However, owing to emerging markets such as China and India that have promoted foreign direct investment in developing countries, a lot of speculation has arisen regarding the impact of the Forum for Cooperation between Africa and China on continental governance. The speculation tends to focus on whether the multilateral trade agreement between Africa and China will be mutually beneficial, or promote bad governance practices such as corruption. This paper argues that in order for any multilateral agreement to become economically beneficial in Africa, the continental elites must first implement good governance best practices. Furthermore, the onus is on the African states, not their regional or trading partners, to implement economic institutional change. [ABSTRACT FROM AUTHOR]