Investors start to eye Africa / Ernest Harsch.

Format:

Book

Government document

Author/Creator:

Harsch, Ernest, author.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (2 pages)

Contained In:

Africa Renewal Vol. 18, no. 4, p. 20-21 18:4<20 2517-9829

Place of Publication:

[Place of publication not identified] : United Nations, 2005.

System Details:

text file

Summary:

Usually, when investors look around for someplace to put their money, Africa is practically invisible. But at a time of uncertainty in global financial and capital markets - and with natural resources such as oil in high demand - a few are starting to give more than a passing glance in Africa's direction. In fact, inflows of foreign direct investment (FDI) to African countries increased in 2003 by 28 per cent from the year before, from $12 bn to $15 bn (see graph).

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