Monday, May 07, 2012

Record foreign investment in Africa


It’s been widely reported that 2011 marked the year in which Africa received its largest ever share of global foreign direct investment (FDI). The continent received some 5.5%, up a full percent from the previous year. Africa still ranked as “the least attractive investment destination in the world,” in a survey of investors. But those who already had a presence in the continent viewed it overwhelmingly positively, while those who didn’t viewed its prospects dimly.

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