Saturday, May 5, 2012

BBC News - Africa's share of foreign direct investment largest ever

BBC News - Africa's share of foreign direct investment largest ever: "Africa received its largest ever share of global foreign direct investment (FDI) last year, an Ernst and Young survey has said.

FDI projects grew by 27% in 2011, pushing Africa's share of the world's investment to almost a quarter.

FDI inflows, now about $80bn (£50bn), should reach $150bn by 2015, according to the global consultants.

But potential investors still see Africa as "the least attractive" destination, the report finds."

'via Blog this'

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