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Ethiopia Predicts Record $1.5bn Foreign Investment In 2015

AFRICANGLOBE - Foreign direct investment into Ethiopia will reach a record $1.5bn this year, on the back of successful efforts by the fast-growing and populous African country to attract overseas manufacturing companies.

Chinese Companies Invested $1.79bn In Nigeria Last Year

AFRICANGLOBE - One of Nigeria’s top sources of Foreign Direct Investment (FDI), China invested $1.79 billion in the West African country last year, according to Chinese Consul-General, Mr Liu Kan.

Nigeria To Lure More Foreign Direct Investment From 2014 Economic Forum

AFRICANGLOBE - Nigeria has disclosed plans to use the World Economic Forum on Africa (WEF) in 2014 as a platform to lure more Foreign Direct Investment (FDI) into the country.

Foreign Direct Investment to Ethiopia Second Best in Africa

AFRICANGLOBE - Japan says the fact that Ethiopia achieves 1 billion dollar Foreign Direct Investment (FDI) flow in to the country shows how focused the government is to develop the sector.

Foreign Direct Investment Into Africa Topped $50B In 2012

AFRICANGLOBE - In 2012 and for the first time ever, developing economies received more Foreign Direct Investment (FDI) than developed countries, accounting for 52% of global FDI flows, according to the latest 2013 World Investment Report.

World Bank Sees China, Ethiopia As Good Fit

AFRICANGLOBE - Ethiopia is attracting significant Chinese foreign direct investment, but has still been lagging in overall FDI. However, an official from the World Bank says a partnership between the bank and Chinese companies will help remove obstacles that have been preventing Ethiopia from becoming one of Africa's most attractive destinations for investment.

Nigeria Remains Number One Investment Destination in Africa

AFRICANGLOBE - Nigeria has again emerged number one destination for Foreign Direct Investment (FDI) in Africa, according to the United Nations Conference on Trade and Development (UNCTAD).

Foreign Investment In Africa Up 5%

Foreign Direct Investment (FDI) in South Africa dropped by 43.6 percent during the first six months of 2012, a UN report shows, due to...

Russia and Zimbabwe Meet to Conclude Trade Deals

Mineral-rich Zimbabwe has concluded a trade deal with Russia, in a bid to stimulate trade and economic interaction with the emerging economy and also...

Nigeria’s Oil Prosperity Not Guaranteed

The World Bank said Thursday that it expected about $31 billion in Foreign Direct Investment (FDI) inflows to Africa this year, adding that there...

Ethiopia Charts a Chinese Course

The death of Ethiopia's leader of 21 years has raised fears of instability in one of Africa's fastest-growing non-oil producing nations, which could potentially...

Nigeria’s Foreign Direct Investment Hits Record $9 Billion High

The total value of Nigeria's Foreign Direct Investment (FDI) in 2011 was $8.9 billion with the country recording over 20 per cent of the...

Zimbabwe’s Foreign Direct Investment Inflows Improve

Zimbabwe's foreign direct investment (FDI) inflows last year more than doubled to US$387 million from US$166 million in 2010, according to the United Nations...

Foreign Direct Investment into South Africa Soars

South Africa led the subregion as foreign direct investment (FDI) inflows into Africa jumped by 25% in 2011, according to the 2012 World Investment...

Africa the Next Frontier for Investors

AFRICANGLOBE - Economists say Africa will grow by 5.5 percent in 2012, with seven African countries expected to rank among the 10 fastest-growing economies in the world during the next five years, projections that are making the continent an increasingly popular destination for foreign investors.

Growing Confidence for Investments in Africa

Growing optimism and confidence among international and local investors has led to significant inward investment into the continent over the last decade, according to...