FDI in Africa fell by 18% in 2020 as Greenfield investment projects slowed down (UNCTAD) - News Summed Up

FDI in Africa fell by 18% in 2020 as Greenfield investment projects slowed down (UNCTAD)


Public Management(Ecofin Agency) - Foreign Direct Investments last year fell by 18% in Africa, compared to a year before. The largest decline was observed in North Africa, with a 32% YoY drop in FDI. In the Maghreb region, only Morocco maintained solid FDI flows with $1.6 billion attracted last year, about the same amount as the previous year. Last October, UNCTAD said FDI flows in Africa fell by 28% over the first 6 months of 2020. It should be noted that global FDI flows fell by 42% overall, with a sharper decline in developed countries (-69%) than in developing countries (-12%).


Source: The North Africa Journal January 25, 2021 18:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */