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Browsing: Foreign direct Investment in Africa 2020
- The Southern Africa region received the most significant share of Foreign Direct Investment in 2020
- Nigeria, South Africa and Angola attracted the highest amount of Foreign Direct Investment
- East Africa received the lowest amount on the back of policy challenges and rising political tensions in countries such as Ethiopia
Southern Africa regained its lead at the most significant Foreign Direct Investment (FDI) hub in 2020, on the back of diversified economies.
A report by The East African also reveals that Morocco and Egypt received a majority of investment in the Northern Africa region. At the same time, Nigeria, Ghana and Côte d’Ivoire dominated in the west.
According to the Africa Attractiveness Report 2021 by Ernst and Young, Angola took the largest share of Foreign Direct Investment in central Africa.
East Africa
The report reveals that East Africa received the lowest foreign direct investments (FDI) last year, on the back of …