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AfDB Group forecasts growth in FDIs

Published on June 02, 2015

The regional Economic Outlook by the African Development Bank forecasts that Foreign Direct Investment (FDI) inflows will reach $73.5 billion (abut Shs226.5 trillion) in 2015 which will play a big role in the development of African countries economies. 
The projected $73.5 billion in 2015 is underpinned by increasing Greenfield investment from China – which remains Africa’s largest trade partner after the European Union. The report also shows an increase in intra-African and outward FDI flows. South African companies are the leading investors on the continent. Read more. Source | Daily Monitor