“A 38 per cent jump in flows, to $1.76 trillion dollars, gives hope that global FDI is at long last returning to a growth path. But we are not yet out of the woods," UNCTAD Secretary-General Mukhisa Kituyi said.
Globally, that jump shows that the FDI recovery was strong in 2015. A surge in cross-border mergers and acquisitions to $721 billion, from $432 billion in 2014, was the principal factor behind the global rebound. Those acquisitions were due to large corporate reconfigurations by multinational enterprises, including shifting their headquarters, for strategic reasons and for tax inversion purposes.
FDI flows to Kenya reached a record level of $1.4 billion in 2015, resulting from renewed investor confidence in the country’s business climate and booming domestic consumer market. In Southern Africa, inflows to Angola reached $8.7 billion largely due to intracompany loans, while lacklustre economic performance pushed FDI in South Africa to $1.8 billion – the lowest level in 10 years. Read more. Source | UNCTAD