The first and the last; how Southern, West, East and North Africa countries shared the FDI Foreign Direct Investment (FDI) to African countries hit a record $83bn in 2021, according to UNCTAD’s World Investment Report 2022 published on June 9. This was more than double the amount reported in 2020, when the Covid-19 pandemic weighed heavily on investment flows to the continent. Despite the strong growth, investment flows to Africa accounted for only 5.2 percent of global FDI, up from 4.1 percent in 2020. READ ALSO Nigeria’s Oil Revenue Sinks…
Read MoreForeign Direct Investment Flows Into Africa Hit record $83bn
