The moment to invest in Africa is now. "This is the message of the African Development Bank (AfDB) in its report" Africa to Africa Investment, A First Look ".
As the title indicates, this is the Bank’s first report to address inter-African investment across all sectors. Why now? Because foreign direct investments (FDI) worldwide are declining and the international landscape is uncertain.
FDI to Africa down 3%
In 2016, global FDI fell by about 2 percent to $ 1.75 trillion, the report says. FDI to Africa fell a little more, by around 3% to $ 59 billion, with Africa’s part of global FDI falling from 3.5% in 2015 to 3.4% in 2016.
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