# Foreign Investment in Africa: Trends and Opportunities Report

## Executive Summary

This report provides an overview of foreign investment trends in Africa, highlighting key geographical areas, industrial sectors, major foreign companies, and African partnerships.

The information presented aims to help business administration students understand the dynamic investment landscape and potential career opportunities in Africa.

## Recent Investment Trends

### Overall Investment Climate
Africa has experienced significant foreign direct investment (FDI) inflows in recent years, driven by the continent's growing population, urbanization, and economic reforms.

According to the United Nations Conference on Trade and Development (UNCTAD), Africa attracted approximately $54 billion in FDI in 2022, representing a recovery from previous years' declines.

### Geographical Distribution
Foreign investment in Africa is concentrated in several key regions:
- **West Africa**: Nigeria, Ghana, and Côte d'Ivoire have attracted significant investment in oil and gas, telecommunications, and agriculture
- **East Africa**: Kenya, Ethiopia

# Foreign Investment in Africa: Trends and Opportunities Report

## Executive Summary

This report provides an overview of foreign investment trends in Africa, highlighting key geographical areas, industrial sectors, major foreign companies, and African partnerships.

Title:

Content: There were 357 press releases posted in the last 24 hours and 417,631 in the last 365 days.
Danfoss continues positive development despite increasing obstacles in the global economy
Kim Fausing, President of Danfoss and CEP
In 2023, Danfoss continued to make bold investments in expanding its offer of competitive and innovative solutions.
ALMATY, KAZAKHSTAN, March 15, 2024 / EINPresswire.com / -- In 2023, Danfoss continued to make bold investments in expanding the supply of competitive and innovative solutions around the world, including Central Asia.
Despite slowing growth in 2023, Danfoss reported a 10% increase in earnings (EBITA) and a 49% increase in cash flow.
In 2023, emissions within 1 and 2 (before acquisition) decreased by 18%, which is not due to organic sales growth of 2%.
• Sales in 2023 increased by 7% in local currency and by 4%, according to reports, to 10.7 billion euros.
• Operating profit (EBITA) increased by 10% to EUR 1,345 million, with a margin of 12.6% compared to 11.9%.
EBITA, excluding integration costs and other operating income and expenses, reached 13.7%.
• A record level of free operating cash flow after deduction of financial items and taxes of €692 million, an increase of 49%.
• Positive growth in North America and Europe.
Sales growth in the Asia-Pacific region was negative, mainly due to slower economic growth in China.
India continued to show high growth rates.
Investment in innovation rose 7% to a record high of €487 million, while investment in manufacturing capacity and digitalization rose 12% to a record high of €596 million.
• There are plans to decarbonize our own production facilities (areas 1 and 2) by 2030.
We already have agreements in place to achieve 30% of our decarbonisation target by 2030.
All segments have developed roadmaps to meet emissions targets under scope 3, which will reduce our carbon footprint by 15% between 2019 and 2030.
• Sales forecast for 2024 in the range of 10.0-11.5 billion euros and EBITDA margin in the range of 11.8-13.3%.
Thanks to our 2023 results, Danfoss continued its positive development with bold investments in our Core & Clear 2025 green growth strategy.
Despite the difficulties in the market in the second half of the year, Danfoss reported financial results within the forecasted indicators.
Sales increased by 7% in local currency compared to 2022, and EBITDA margin reached 12.6% in 2023.
This is combined with a record level of free operating cash flow after deduction of financial items and taxes of 692 million euros, an increase of 49% compared to 2022.
EBITA increased by 10% to EUR 1,345 million compared to 2022.
“We are entering a new era where the future energy system will be electric, and improving the energy efficiency of machinery, infrastructure and industry is critical to ensuring an affordable, safe and carbon-free future.
In 2023, we continued our bold investment in expanding our offer of competitive and innovative solutions for our core business and rapid growth opportunities, such as data centers, electrification of heating systems, electric vehicles, road and off-road vehicles, as well as marine vessels and hydrogen production, ” says Kim Fausing, president and CEO of Danfoss.
In addition to significant investments in our core business and new opportunities for rapid growth, we have continued to invest in building a more sustainable supply chain by further regionalization and adding new capacity.
In 2023, the integration of our recent acquisitions continued.
With the acquisition of Eaton ’ s hydraulic division in 2021, we have taken a leading position in mobile and industrial hydraulics.
We are aiming for a leading position in the field of power semiconductor modules and assemblies with Semikron Danfoss, founded in 2022.
With the acquisition of BOCK ® compressors in 2023, Danfoss now offers one of the most comprehensive compressors in the refrigeration industry.
“In the second half of 2023, the market was affected by high inflation and interest rates.
The more challenging business environment will continue into 2024, but we remain focused on implementing our green growth strategy and delivering high value to our customers and partners around the world, ” says Kim Fausing, President and CEO of Danfoss.
Danfoss has a clear plan to decarbonise production by 2030, and we already have existing agreements that deliver a 30% reduction in emissions.
These agreements include two long-term power purchase agreements in China and North America, effective from 2024 and 2025, respectively.
In 2023, we continued to decarbonize our own production facilities.
Emissions in areas 1 and 2 decreased by 18% (before acquisition), which is not due to organic sales growth of 2%.
“I ’ m excited to see our global teams continue to implement our green growth strategy and at the same time separate our organic growth from our own emissions, ” says Kim Fausing.
Financial forecast for 2024
Danfoss continues to seek to expand or maintain market share.
It is expected that the volume of sales for the whole year will be 10.0-11.5 billion euros.
EBITDA margin is expected to be in the range of 11.8-13.3% due to the continued integration of already acquired enterprises, as well as investments in the development of new products and solutions.
Expected growth and profitability depend on the stability of the global supply chain, the geopolitical situation and inflation, as well as the overall growth rate in the world.
Key indicators for 2023
• Sales in 2023 increased by 7% in local currency and by 4%, according to reports, to 10.7 billion euros (2022: 10.3 billion).
• Emissions 1 and 2 decreased by 18% adjusted for the purchase of Semikron and BOCK ® Compressors.
• Investment in innovation (R & D) increased by 7% to 487 million euros (2022: 457 million), corresponding to 4.6% of sales (2022: 4.5%).
• Investments (capital investments) excluding mergers and acquisitions increased by 12% to €596 million (2022: €531 million).
• Operating profit (EBITA) increased by 10% to EUR 1,345 million (2022: EUR 1,224 million), resulting in EBITA margin of 12.6% (2022: 11.9%).
Net income increased by 20% to €819 million (2022: €683 million).
• Free operating cash flow (after deduction of financial items and taxes) amounted to 692 million euros (2022: 465 million).
• The frequency of lost time injuries (LTIF) is at a record low of 1.2 (2022: 1.6).
• 42,054 staff (2022: 41,928).
Martina Pozgaj
Danfoss
52 982 3929
email us here

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Content: Egypt..
Economic breakthrough expected in early 2024 with the entry of BRICS
Egypt is racing against time to support and enhance the investment climate and attract local and foreign investments, in light of the difficulties and challenges facing the Egyptian economy, which has been subjected to successive and violent clashes from the Coronavirus pandemic to the Russian-Ukrainian war, and its repercussions on the global economy.
During the past period, the Egyptian government has been keen to implement many measures to create an attractive investment environment, including the launch of the economic reform program and the implementation of structural reforms to create an attractive environment for investment.
$3 billion agreement to produce green fuel in Egypt
It also issued the Investment Law No. 72 of 2017 and its amendments, which included several investment regulations that investors can choose among to establish their projects.
According to the data of the Egyptian Council of Ministers, the volume of public investments implemented increased to reach 850.3 billion pounds during 2021-2022, compared to 110.5 billion pounds during 2013-2014.
Green investments increased to reach 40% of total public investments during the year 2022-2023 compared to 15% in the fiscal year 2020-2021, while the Egyptian government intends to promote green investments to reach its target of 50% of total public investments by the end of June 2025.
Investment..
The Magical Solution
The World Bank adviser and professor of economics, Dr. Mahmoud Anbar, believes that “investment is the magic solution to all the economic problems experienced by the country, such as unemployment, inflation, import and exchange rate fluctuations. ”
The World Bank advisor said in an exclusive statement to Erm News that "the efforts of the Egyptian state in attracting investment are bearing fruit," pointing out that "the evidence of this is the World Investment Report (UNCTAD 2023), which states that Egypt is the first investment destination in Africa," pointing out that "the flow rate of foreign investments in Egypt increased by 122% to record $12 billion compared to the flow rates in 2012."
Anbar pointed out that "Egypt came in the first place for the sixth consecutive year, after this arrangement was monopolized by the state of South Africa for many years."
Egypt has advanced about 38 places in the Safest Countries Index 2021, according to the ranking of Global Finance magazine compared to 2019.
The World Bank adviser pointed to the problem of the large gap between the official rate of exchange in banks and the exchange rate in the parallel market, explaining that "this gap has serious consequences for investors, in addition to the decline of government revenues from hard currency sources, especially the item of remittances of Egyptians abroad."
Economic breakthrough in January 2024
Ahmed Said, professor of international commercial economics at the British University, pointed out that "the exit of $28 billion of foreign indirect investments from Egypt - represented by foreign investments in Egyptian government bills and bonds in March 2022, at the beginning of the Russian-Ukrainian war - created an economic crisis in Egypt, and imposed huge burdens on the government, most notably increasing pressure on the dollar, which caused a lack of supply."
He pointed out that Egypt is waiting for a huge breakthrough at the beginning of next year, when Cairo will join BRICS, expecting an improvement in the economic climate in the country.
$28 billion investment expected for BRICS
"There are expected investments in the Chinese yuan, the Russian ruble and the Indian rupee, which will be used by Cairo to finance its purchases from the three countries, estimated at about $28 billion, which means easing the pressure on the dollar to import," Said said, noting that "with the availability of these currencies and easing pressure on the dollar, direct investments will return to Egypt."
In August 2023, BRICS leaders announced the accession of six new countries to the bloc, including three Arab countries - Egypt, Saudi Arabia and the United Arab Emirates - in a move aimed at strengthening the alliance and strengthening its global role.
The Information and Decision Support Center of the Egyptian Cabinet said that "targeting the bloc to reduce intra-US dollar transactions will ease the pressure on foreign exchange in Egypt, of which the dollar represents the largest share, leading to the improvement of a number of local economic indicators."
The improvement will not be limited to January, but by the end of June 2024 will be the end of the Egyptian government ’ s extraordinary plan to deal with the fallout of a $28 billion exit for investors in bonds and treasury bills, putting pressure once again on the dollar.
Challenges of the Egyptian Economy
Officials and economists agreed that the Egyptian economy faces many challenges, as the state seeks to attract more local and foreign investments through improving the investment climate, and Cairo has taken some structural measures and provided incentives to investors, after the period of construction and rehabilitation witnessed by infrastructure, as the main engine for investment in any country.
Amendments to the Investment Law
Dr. Mohamed Elbahi, board member of the Federation of Egyptian Industries and advisor to the Chamber of Pharmaceutical Industry, said that Egypt is on its way to overcome the difficult period, in light of the huge cost incurred by the state in developing and rehabilitating infrastructure over the past years, which is one of the most important factors affecting the investment process, in addition to saving energy and electricity.
“The state ’ s completion of infrastructure and the expansion of ports has contributed to making Egypt a logistics zone capable of exploiting its privileged position in the region, which helps attract investors ’ attention to Egypt, but it is not enough to convince investors to inject new investments in Egypt, it is necessary for the state to provide more support, and must take into account the investor, ” he said.
Minister of Investment
"It is essential that Egypt has a minister of investment during the coming period, so that he has the ability to take many important decisions in the interest of investment and the investment climate of the state, with his vision and a supportive and influential plan in creating investment opportunities locally and abroad," said a member of the board of directors of the Federation of Egyptian Industries.
He pointed out that "the Minister of Investment shall be the marketer of Egypt and the Egyptian market externally, so there must be someone who addresses the foreign investor, and inform him of all these developments and amendments that encourage investment in the local market."
Elimination of bureaucracy
“The time factor is of great importance to the investor, so comes the idea of eliminating bureaucracy, which is a big challenge and influential in the decisions of investors to invest in Egypt, because eliminating bureaucracy is very important and must be taken care of to encourage investors. ”
It is necessary to complete the digital transformation system, initiated by the Egyptian state, and circulated to all bodies and state institutions, to facilitate the procedures for investors, there are many procedures that consume a lot of time, the completion of this system, will have a positive impact on the future of investment, according to Al-Bahi.
"Currency Price Stability"
For his part, Engineer Fathallah Fawzi, Vice President of the Egyptian Businessmen Association and Chairman of the Real Estate Committee of the Egyptian-Saudi Business Council, believes that "the biggest challenge facing the future of investment in Egypt is the stability of the currency and the stability of the market, and to be clear about the liberalization of the exchange rate, all these challenges are supposed to be well studied."
Fathallah Fawzi added, in statements to "Eram News", that "the incentives provided by the Egyptian state to the investor are very good, but there is more that the investor is waiting for, to encourage him to invest, and among these incentives are industrial land and the ease of granting and licensing these lands."
The Vice President of the Egyptian Businessmen Association and Chairman of the Real Estate Committee of the Egyptian-Saudi Business Council, said that "the Egyptian General Authority for Investment and Free Zones is exerting a remarkable effort in the current period, and this effort may turn into a greater effort with investors at home and abroad, if there is a Minister of Investment."
22 gold licenses and the first 30 companies "electronically"
It is noteworthy that "the last period witnessed an Asian promotional tour of the General Investment Authority, which included China and Singapore, and organized, in cooperation with the Egyptian Embassy in Beijing, an Egyptian-Chinese investment forum on the sidelines of the visit of the delegation of the Authority, with the participation of more than 70 Chinese companies in the fields of cars, agricultural manufacturing, textiles, communications and information technology, chemicals, transport, investment and finance."
According to the General Investment Authority (GIA), the Golden License was handed over to four companies: PLM & Africa for the manufacture of medical bandages, Red Sea for wind energy, Genafax Egypt for the manufacture and trade of vaccines, and Media Electric Egypt, bringing the number of companies granted the Golden License to 22 companies, with the trend of expanding the single approval to include all activities and companies.
Since the launch of the service, the establishment site has received 65 applications to establish a company electronically, 30 of which have been completed, and the rest are in the stages of completing the observations on the establishment application.
The Prime Minister, Dr. Mostafa Madbouly, issued a decision in June 2023 to amend some provisions of the Executive Regulations of the Investment Law issued by the Prime Minister ’ s Decree No. 2310 of 2017.
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www.eremnews.com

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Content: Egypt News
Gulf 365: Egypt leads African countries in attracting $10 billion investment
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Thank you for reading the news about Gulf 365: Egypt leads the African countries in attracting investment of 10 billion dollars and now with the details of the news
Cairo - Samia Sayed - published Gulf 365 in its issue tomorrow, important details about many current events on the internal and external arenas: Egypt tops the African countries in attracting foreign investment with $10 billion
Also read in tomorrow ’ s issue:
President Sisi on the International Day of Public Service: Greetings to all who perform their duties with honor and sincerity
MPs and politicians write for "Gulf 365": a people's revolution..
Issam Khalil: We do not fear for the country of its Egyptian people.
Farida Shobashi: Crossing the June..
Pheebs Fawzi: The Shout of a People and the Response of a Hero
The Return of the Soul: The Return of the Soul.
Alaa Abed: The failure of conspiracy theorists..
Hisham Abdul Aziz: Revolution "correcting the path"..
Jihan Madeh: A Victory for Egyptian Identity
Seminars and conferences for « Information » in 27 provinces on the anniversary of the revolution..
Remind new generations of the revolution, spread awareness and promote the values of belonging.
Awards for outstanding efforts in serving local communities
Egypt leads African countries in attracting foreign investment at $10 billion.
United Nations Conference on Trade and Development (UNCTAD): Egypt ’ s investments represent three times of all North African countries in 2023
International partnerships to localize the « transport » industries and operate ports
Cairo News is a pioneering model for Arab media based on documenting the whole truth
Farming...
A lifeline at the heart of the Egyptian economy
Dozens of Martyrs in Israeli Bombing on Gaza and Palestinian Rafah
KAMAL ADWAN HOSPITAL IN NORTHERN SECTOR: Malnutrition kills 4 children
« International Labor » exposes the practices of Tel Aviv in the occupied territories
2.5 trillion pounds worth of "electronic payment and collection" services in 11 months..
The Minister of Finance: 613 billion pounds worth of electronic tax collection transactions, a growth of 16% compared to last fiscal year.
The electronic receipts of customs increased by 38% by 284 billion pounds compared to last fiscal year.
« Protection of competition »: 3 companies working in the printing and distribution of external textbooks caused a rise in prices
« Higher education »: the establishment of 9 branches of prestigious foreign universities in the land of Egypt..
Ayman Ashour: The national strategy stressed the internationalization of education within the framework of the "vision of Egypt 2030"
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Content: There were 1,560 press releases posted in the last 24 hours and 222,474 in the last 365 days.

Financially facilitating extra-ordinary businesses to participate in the Economic Boom of West Africa

Barika and Kraft, Dubai based financier talks about unprecedented opportunities that businesses face during the economic prosperity of the West African Region.

“Across our corporate base globally the interest in Africa is high and growing, and I would say it is about the level that it was in Asia 30 years ago.”
— Dominic Barton, global managing director of McKinsey & Company
DUBAI, UNITED ARAB EMIRATES, August 18, 2022 /EINPresswire.com/ -- As West Africa’s population booms, its economy continues to expand, the opportunities for businesses to trade across the region are vast. The rising need economy has presented various opportunities across all industries in West Africa. Previously an agriculturally driven economy is now facing a transition. Majority of the newly established businesses are catering the growing needs of the people of west Africa, which include industries such as Hospitality, Healthcare and Banking.

One of the catalysts and driving forces for this economic can be seen from active participation of the West Africa Trade & Investment Hub (Trade Hub, which is a 5-year, $140 million trade and investment facilitation activity designed to improve private sector productivity, profitability, and competitiveness in West Africa through market-based approaches. The West Africa Trade and Investment Hub is a one-stop shop that partners with banks/financial institutions to provide financial support and business development services, capacity building, and best practices with the aim of making businesses viable and export ready, through the African Growth Opportunity Act (AGOA).

One of the largest economies in West Africa, Nigeria has seen significant surge in Energy usage. The government has been looking at alternate sources of energy such as Solar & Waste-to-Energy plants which has led to the inception of green power projects across the region. Barika and Kraft has been actively participating in this sector with a multitude of projects securing Seed-funding under the patronage of Barika and Kraft.

Apart from Nigeria, another nation observing a significant spike in economic prosperity is Ghana. Consumer expenditure has seen a large growth which is an early sign of nation-wide development. This west African nation is seeing a remarkable growth in exports as their dominant industry being Agriculture has undergone immense technological advancements which has benefited local farms to increase their yields. A lot of entrepreneurs are capturing the opportunity of being the first mover to establish/grow their presence in Ghana and Barika and Kraft has been actively reviewing opportunities of participation.

A representative from Barika and Kraft has informed us that there are a magnitude of projects currently being presented on a daily basis. Barika and Kraft focus on sourcing financial resources to the best of the projects that present their competence. Current projects that Barika and Kraft participate in include Green Energy, Hospitality, Fin-Tech, and Agriculture.

Barika and Kraft is a Dubai-based company providing financing services to global clients. More information is available by visiting its website at www.barika-kraft.com or email: info@barika-kraft.com

VALERY GARCIA
BARIKA AND KRAFT
vg@barika-kraft.com
Visit us on social media:
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The information presented aims to help business administration students understand the dynamic investment landscape and potential career opportunities in Africa.

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Content: The Kingdom of Bahrain has the highest per capita FDI in the GCC with an inward FDI stock of 92%.
The objectives of the non-oil economy vision can be achieved through six strategic priority sectors including financial services, which is the largest non-oil sector in the Kingdom.
The Kingdom of Bahrain enjoys a business-friendly environment as it has already concluded free trade agreements with 22 countries and agreements to protect and encourage direct investment with 34 countries.
Arthur D. Little ’ s new report highlights many value-added FDI projects that need to be considered
Arthur Dale Little, the world ’ s leading management consultancy, has highlighted in a new report the reality and prospects of foreign direct investment in the Kingdom of Bahrain, noting that the Kingdom of Bahrain, like other GCC countries, has undergone paradigm shifts that have stimulated the business environment and created significant opportunities for economic growth.
The Kingdom ’ s national strategy revolves around building a more sustainable and competitive economy by boosting investments in non-oil sectors in order to keep pace with the requirements of the future.
The COVID-19 pandemic highlighted the need to boost economic growth through accelerated innovation and the transition to the digital economy.
As a result, the Government of Bahrain has focused on promoting economic diversification plans through FDI supported by several competitive advantages that would create an attractive business environment for FDI.
Arthur D. Little ’ s new report, “Embracing Bahrain in a Future World: Opportunities for Foreign Investment, ” provides an in-depth analysis of the opportunities and challenges facing Bahrain in light of the region ’ s economic activity and the global economy ’ s increasing reliance on technology and digitalization, as well as insights into the strategies Bahrain can pursue to eventually become a smart country with all the necessary enablers.
Andreas Buelo, Partner at Arthur D. Little Middle East, said: “Bahrain, despite being a smaller market than other regional markets, has a very attractive investment environment, with the infrastructure and potential to boost the flow of FDI across various emerging sectors in the short, medium and long term, with promising projects in renewable energy, health management, financial services, cloud computing and technology incubators.
Challenges always accompany opportunities, and transitions are expected to continue to create uncertainty to varying degrees as national ambitions are pursued over the coming years. However, Bahrain is in a positive position to not only capitalize on FDI opportunities, but also create a diversified, more prosperous and sustainable economic future that aligns with the aspirations of the Kingdom ’ s leadership and wider business communities. ”
A positive outlook at the national level
The Kingdom of Bahrain has embarked on a comprehensive strategy to promote economic diversification and establish the first “non-oil ” economy in the GCC.
The Government of the Kingdom recently unveiled a plan to balance the budget by 2024, targeting investment projects worth US $30 billion, to achieve a target of 5% growth in the non-oil economy during 2022, focusing mainly on six key sectors: oil and gas, tourism, logistics, financial services, telecommunications, information technology, digital economy and manufacturing.
The Kingdom of Bahrain has the highest per capita income.
Inward FDI accounts for 92% of nominal GDP – the highest in the GCC.
The Kingdom has laid solid foundations for increasing the attractiveness of FDI, which will boost the current GDP growth of US $32 billion.
The report examines the specific competitive advantages Bahrain can focus on to achieve these goals, including the government ’ s high level of flexibility and responsiveness, low cost of doing business, and full foreign ownership.
Moreover, the Kingdom has a skilled domestic workforce and a host of global trade agreements, including Free Trade Agreements (FTA) with 22 countries, Foreign Investment Protection and Promotion Agreements (FIPAs) with 34 countries, and Double Taxation Avoidance Agreements (DTAAs) with more than 40 international partners.
Given this distinctive level of strategic location, there are many opportunities that the Kingdom of Bahrain can consider for its timely implementation and follow-up.
For example, the prospects for investing in renewables are positive across the region, and Bahrain can focus on strengthening cooperation with Saudi Arabia on joint renewable energy projects by installing solar panels along the King Fahd Causeway that connects Saudi Arabia and the Kingdom of Bahrain.
Manufacturing is another area that can be focused on as a key national strategy by expanding existing and advanced industrial sectors, especially aluminium, as the Kingdom of Bahrain has one of the largest aluminium smelters in the world and the largest in the GCC.
As such, the Kingdom of Bahrain can achieve greater benefits by exploring sub-sectors where aluminium end-use is developing, including automotive parts, packaging and renewable energy components.
The Kingdom of Bahrain can further strengthen its position as a technology incubator and testing center for 5G applications and applications nationwide through the development of 5G network infrastructure and services across various sectors.
As for the financial services sector, which remains one of the key sectors in the Kingdom, Bahrain recently witnessed the establishment of Citibank, a global technology hub with more than 1,000 programmers, which is an indication of the Kingdom ’ s attractiveness in this field.
Challenges and next steps for the Kingdom of Bahrain
The new report, after analyzing the overall FDI landscape in the Kingdom of Bahrain, identifies a range of challenges that the government is likely to face in its journey to achieve its strategic objectives, and provides insights into wiser courses of action that can help overcome obstacles and take full advantage of upcoming opportunities. Maximize the global potential of the local workforce.
“As the Kingdom of Bahrain prepares to move forward with its national strategic plans, driving innovation, forging new partnerships with countries in the region and leveraging existing resources are effective and viable ways to overcome challenges.
Technology is certainly a key enabler for any potential positive opportunities and for all future economic activities.
Coherent implementation of identified long-term strategies is key to achieving sustainable successes. ”
The report outlines a set of key steps and areas to be taken and focused on during the next phase, including the role of fintech companies in the fields of cryptocurrencies, insurance and trade finance, legal requirements, regulations and regulations, monetization of developer profits, and modernization of physical and digital infrastructure.
A full copy of the study can be downloaded here.
# Company Data
- Done.
About Arthur D. Little
Arthur D. Little has been at the forefront of innovation since 1886.
It has a global reputation as a leading consulting firm in linking strategy, innovation and transformation across various technology-led sectors.
The company is helping its customers transform by changing business ecosystems to uncover new growth opportunities.
The company empowers its customers to build innovation capabilities and create positive transformations in their organizations.
The company ’ s consultants have strong hands-on experience across various sectors as well as excellent knowledge of key market trends and shifts.
Arthur D. Little is present in the most important business centers around the world.
The company is proud to serve most Fortune 1000 companies as well as other leading companies and public sector organizations.
For more information, please contact: Omar Abdrabba
Director of Public Relations
Tel: 00971505843611
Email: com.mslgroup @ abdraboo.omar
About Arthur D. Little
Arthur D. Little has been at the forefront of innovation since 1886.
It has a global reputation as a leading consulting firm in linking strategy, innovation and transformation across various technology-led sectors.
The company is helping its customers transform by changing business ecosystems to uncover new growth opportunities.
The company empowers its customers to build innovation capabilities and create positive transformations in their organizations.
The company ’ s consultants have strong hands-on experience across various sectors as well as excellent knowledge of key market trends and shifts.
Arthur D. Little is present in the most important business centers around the world.
The company is proud to serve most Fortune 1000 companies as well as other leading companies and public sector organizations.

Title:

Content: Advertisement

Adesina Urges US Investors To Back Africa

Channels Television
Updated July 26, 2022

The President of the African Development Bank Group, Dr Akinwumi Adesina has given strong assurance to US investors that Africa is a secure, competitive and profitable market.

Speaking at the US-Africa Business Summit in Marrakech, Morocco, Dr Adesina wants American investors to see Africa as a logical investment destination and to engage with the continent in win-win partnerships.

READ ALSO: Global Recession May Be Imminent As Inflation Surge, IMF Warns

The AfDB boss said that despite the disruptions of the Covid-19 pandemic and its impact on economies, the number of private equity deals in Africa increased from 230 in 2019 to 255 by 2020.

He stressed that even in turbulent times, opportunities still abound in Africa.

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Content: Presented by Daily Investor

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Content: There were 2,250 press releases posted in the last 24 hours and 280,330 in the last 365 days.
The largest international real estate and investment exhibition for the Philippines will be held in Dubai on 5-6 November
H.E. Hjayceelyn Quintana, Philippine Ambassador to the UAE
Hon.
Renato Dueñas Jr., Philippine Consul General in Dubai
Dr. Karen Remo, Founder and CEO of New Perspective Media Group
Vince Ang, Chief Operating Officer of New Perspective Media Group
DUBAI, UNITED ARAB EMIRATES, October 27, 2022 / EINPresswire.com / -- The eighth annual edition of the Philippine Real Estate and Investment Fair (PPIE), the largest international real estate and investment fair in the Philippines, returns to Dubai, United Arab Emirates on November 5-6, 2022.
The International Investment Show, which will take place at the Crowne Plaza Hotel in Sheikh Zayed Dubai, will highlight the strong economic performance of the Philippines as the fastest growing economy among its competitors in Asia, making it a leading investment destination in the region.
The Philippines ’ GDP growth was the highest in the region at 7.7 percent in the fourth quarter of 2021.
Meanwhile, the Philippines recorded GDP growth of 8.3 percent in the first quarter of 2022, surpassing pre-COVID-19 levels.
One of the reasons for these economic developments is the change in external remittances.
The latest data from the Central Bank of the Philippines showed that the flow of labor remittances out of the Philippines reached $2.92 billion sent through banks in July 2022, and recorded a record increase of 2.3 percent, from $2.85 billion a year earlier.
The $128.39 million in remittances from the UAE contributed significantly to the increase – making it among the primary sources of fixed personal remittances.
The local real estate market is among the high-growth sectors that continue to benefit from the positive results of exceptional economic progress and favorable business conditions to invest in the Philippines.
The influx of overseas Filipinos and foreign investors who want to take advantage of the peso is driving investment in the real estate sector in the Philippines.
It is also well reflected in the increase in sales from two to three figures on an annual basis as recorded by the international divisions of Filipino real estate developers doing business in the UAE.
For example, Ayala Land International Sales, reported a key growth in annual sales for the day of 203 per cent by value and 183 per cent in units this year, recorded a 31 per cent increase in annual value for the day and 41 per cent annual for the day in unit sales in the UAE.
This puts their sales in the UAE on par with their international sales in the US, which has been Ayala ’ s single largest source of sales for the longest time, according to a report by the Philippine Times.
The increase in demand for real estate from the UAE was driven by favorable job opportunities and growing investments among Filipinos in the Middle East country.
His Excellency Jocelyn M.
Quintan, Philippines Ambassador to the UAE: “The return of this year ’ s Philippine Property and Investment Show speaks volumes about the strong recovery and vibrant economic growth of the investment and real estate sectors in the Philippines combined with the global financial outlook, especially here in the UAE.
The epidemic has taught our overseas offices that they must use their hard-earned money for good use and beneficial investments, in order to ensure a better quality of life for them and their families in the future.
I would like to commend Neoprspective Media Group for organizing the annual event, which brings together top real estate developers from the Philippines, to develop the investment mindset of our nationals in the UAE.
"
His Excellency Renato N. Duinas Jr., Philippine Consul General in Dubai stated: “Owning a home in the Philippines is a shared dream among Filipinos abroad.
It serves as a testament to their years of sacrifice and hard work abroad PPIE serves as a way for our dear citizens in the UAE to help realize this dream, allowing them to learn about ways to make sound investments to ensure their financial security and ensure a comfortable retirement in the future. ”
Dr. Karen Remo, Founder and CEO of Neopressive Media Group, said: “The projected growth rate upgraded to 6.5 percent this year makes the Philippines an economic powerhouse among its peers.
This makes us more confident than ever at Neoprspective Media Group and confident that we seek to make our country as the region ’ s premier investment hub for Filipinos and foreign investors.
Since its inception, PPIE has always been contributing to the development of our country, and the return of our annual international exhibition brings this commitment to the forefront.
As a result of our continuous attempt to attract investments from overseas Filipinos, we have helped create a savings and investment mindset that improves lives for future generations.
Vince Ange, Chief Operating Officer of Neoprspective Media Group, said: “PPIE was born out of Neoprspective Media Group ’ s dream of seeing all workers outside the Philippines lead secure lives even while they are retired.
That vision has never diminished.
We encourage Filipinos and investors from the UAE to participate in the 8th edition of PPIE and become empowered in terms of handling their finances, savings and investments, and even in terms of post-epidemic skills that will make them more sought-after employees in the UAE.
This free two-day event will help them follow informed decisions today that will significantly impact their lives in the long run.
"
In this free event, attendees can explore a range of real estate, solutions and commercial services – from leading real estate developers in the Philippines to banks, insurance companies, government-backed financial, investment and savings institutions, e-commerce and money transfer centers.
Participants may also attend several keynote speeches from industry experts and CEOs of top real estate developers at 20 forums, featuring topics such as real estate investment and savings options for workers outside the Philippines, government loans and business opportunities for them, self-development talks, and much more.
PPIE 2022 will be shared by RLC Housing as Gold Sponsor, Federal Land, Greenfield Development, Double Dragon and Ayala Land as Silver Sponsors.
Exhibitors include House Land, DMCI, Westa Luisa, the Central Bank of the Philippines and Philippine Aviation.
Various UAE-based organizations will also be joining the event, including the Philippine Social Club; the Institute of Electrical Engineers of the Philippines - Abu Dhabi Branch; the Philippine Society of Mechanical Engineers - UAE Branch; the Institute of Electronics and Communications Engineers of the Philippines - UAE Branch; the Association of Filipino Engineers; the Philippine Institute of Chartered Accountants - Dubai; the Philippine Nurses Association of Human Resources Professionals and Assistants; and the Bayanehan Council. Abu Dhabi; Barista Community in the Middle East; Masset Saqaa Association; and other destinations.
Meanwhile, students from different schools – including the Philippine Millennium Private School, Philippine Global School, New Philippine Private School, and Far East Private School – will participate in a number of competitions during the event.
As the most trusted Philippine Business and Investment Forum in the Middle East, PPIE 2022 has made history in the Gulf region to bring in more than 24,500 good visitors during its past seven editions.
Participants can register for free at ppie.ae
Vince Ang
New Perspective Media Group
+ 971 554739253
email us here

## Recent Investment Trends

### Overall Investment Climate
Africa has experienced significant foreign direct investment (FDI) inflows in recent years, driven by the continent's growing population, urbanization, and economic reforms.

Title:

Content: Saudi Arabia records net FDI growth of 257.2% in 2021 -state media

Reuters | Updated: 29-03-2022 18:44 IST | Created: 29-03-2022 18:44 IST

Net foreign direct investment in Saudi Arabia grew 257.2% in 2021, state news agency SPA reported on Tuesday, citing an investment ministry report which didn't indicate a total figure.

Real GDP grew 7% year-on-year in the third quarter of last year and 6.7% in the fourth quarter, it added.

Also Read: Houthi official says Saudi Arabia cannot be a mediator in the Yemen war

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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Content: The Netherlands tops the list of the top 10 countries investing in Kazakhstan
Kazakhstan News Agency / Nursultan / January 25 - Ranking.kz has released a list of the top 10 countries investing in Kazakhstan.
According to the Central Bank, more than 2,000 new foreign companies will enter the Kazakh market in 2020.
In the first half of the year, due to the economic impact of the coronavirus pandemic, foreign direct investment (FDI) in the world fell by 49% compared to the first half of 2019.
It should be noted that all major types of FDI are declining.
Restrictive measures adopted by countries around the world had hampered existing investment projects, while the severe economic downturn had forced TNCs to reconsider new projects.
Foreign direct investment (FDI) inflows fell by 75 percent in developed countries and by only 12 percent in developing countries, the report said.
Overall, global FDI inflows declined by about 30-40 per cent in 2020.
The negative impact of the economic crisis caused by the epidemic did not bypass Kazakhstan.
For objective reasons, total foreign direct investment in Kazakhstan in the first nine months of 2020 decreased by 32.2% year-on-year, to about $12.6 billion.
Ranking.kz said in the report that despite the global crisis, Kazakhstan is still an attractive country for foreign investment.
Since independence, foreign direct investment into Kazakhstan has amounted to about 350 billion US dollars.
Over the past five years, Kazakhstan has attracted an average of 21.3 billion U.S. dollars in foreign direct investment annually.
During the intensified isolation of countries around the world due to the coronavirus pandemic, the Government of Kazakhstan took timely measures.
In 2020, Kazakhstan launched 25 large-scale investment projects worth $1.3 billion and created more than 3,800 jobs.
According to the survey, the top ten countries investing in Kazakhstan are the Netherlands, the United States, Switzerland, Russia, the United Kingdom, Belgium, France, China, South Korea and Cyprus.
【 Compiled by: Ayibota 】
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Content: 2023 China 's foreign investment avalanche 82%, the worst anti-espionage in 30 years to deter foreign companies
International Center Hsu Hsiao-ching / General Report
As China ’ s business risks rise, foreign capital outflows tend to worsen.
According to the latest data released by China ’ s State Administration of Foreign Exchange, foreign direct investment in China in 2023 fell to the lowest level in 30 years, and foreign direct investment (FDI) into China last year was only $33 billion, a drop of 82% compared to 2022.
This underscores the lack of confidence of foreign investors in the Chinese market and reflects the challenges facing China as it seeks more overseas investment.
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According to data released by China ’ s State Administration of Foreign Exchange on the 18th, “Direct investment liabilities ”, a measure of foreign direct investment, was only $33 billion in 2023, down 82% from 2022, according to foreign media reports such as Bloomberg and Nikkei Asia.
Foreign direct investment (FDI) into China fell to its lowest level since 1993.
This data shows the impact of last year ’ s sluggish lockdowns and recovery.
Investment fell in the third quarter of last year for the first time since 1998, and while it picked up and resumed growth in the final quarter, the $17.5 billion in new funding for the period was still 1 / 3 less than the same period in 2022.
This highlights the fact that foreign companies are pulling money out of China because of geopolitical tensions and rising interest rates elsewhere.
For multinationals, the attraction of “keeping cash overseas instead of in China ” is growing, as developed economies have been raising rates again and Beijing has been cutting rates to stimulate the economy.
According to a recent survey released by the Japanese Chamber of Commerce and Industry in China, most companies in China and Japan are not optimistic about China ’ s economic prospects in 2024.
In addition, most Japanese companies cut or did not invest in China in 2023. 48% of Japanese companies surveyed said that the top reason for not investing or reducing investment in China in 2023 is uncertainty about China ’ s economic prospects and pessimism about weak demand.
In addition to the fact that China ’ s economic downturn has reduced foreign investors ’ willingness to invest, the business environment in China has also deterred many foreign investors.
Although China has been trying to attract overseas investment, talent and technology since the late 1970s under Deng Xiaoping ’ s “reform and opening up ” policy.
But China ’ s new Anti-Espionage Law, introduced in July last year, increased the crackdown and control on enterprises, exacerbated foreign investors ’ unease, and the United States ’ export ban on China has also led to more and more foreign investors leaving China.
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30.01.2023
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SBER BANK RESULTS 2022
17: 40 30.01.2023
Expansion of online opportunities for customers, development of innovations, educational initiatives, concern for the environment are areas that Sber Bank will continue to develop thanks to its main achievements in 2022.
As reported to ECOPRESS in the press service of the financial institution, the customers themselves most appreciated the expansion of remote services: online registration of a loan "Buy a car with Sber Bank", delivery of cards by mail with the option of track tracking, the conclusion of an acquiring agreement or an application for registration of the terminal without visiting the office.
Given, for example, the trend of growth in demand for digital services in 2022 rose to 51.7%, the bank also updated the Sberbank Prime subscription for the convenience of users, expanding it with online taxi, car sharing, health, Internet and mobile services.
In 2022, the top 10 online platforms available for payment with Sber Bank cards included Ozon, Wildberries, Lamoda, 21vek.by, E-dostavka, Belbet, BZD, PM.BY, Hello carsharing, as well as the DELIVIO food delivery service.
For the convenience of the bank ’ s customers, Belcart-Premium cardholders have become available money transfers to MIR cards, and the Belcart-Premium card in Russian rubles has also been launched.
Individuals have the opportunity to open basic accounts with Sber Bank, which allow crediting pensions, scholarships, benefits and other payments of a social nature without charging a commission.
Thanks to the update of SBPOS mobile acquiring, Sber Bank ’ s business customers can now perform all tasks on a regular smartphone instead of a cash register.
In addition to convenience, the service helps to reduce the amount of paper garbage by issuing electronic checks, and when using it, one smartphone replaces several devices that need electricity at once.
Modern financial solutions and technologies that Sber Bank provides to its customers were also noted by the expert jury of the national annual award in the field of innovations and achievements of the banking sector "Bank of the Year".
In 2022, Sber confirmed his leadership, winning first place in the nomination “Innovative Bank: Products ”.
An important event of the year was the relocation of Sber Bank to a new headquarters in the center of Minsk.
This building on Independence Avenue is a prototype of the bank of the future, where the most modern architectural and spatial solutions are implemented.
In parallel with the completion of the construction of the headquarters, work was underway on the construction of two more buildings of the complex, which will also accommodate office space.
So Sber Bank plans to create a point of attraction around its new building for other representatives of the business environment.
In line with its ESG strategy, Sber Bank has opened smart offices with coworking, free internet, electronic cashiers, green paperless office technologies in Orsha, Bobruisk, Soligorsk and Pinsk.
In addition, Sber Bank extended the work of Visa and Mastercard cards, which expired in 2022.
This allowed customers to save time and take care of the environment, because they did not have to order a new plastic card.
In 2022, Sber Bank received an AA.esg rating from the rating agency BIK Ratings – the highest among financial institutions in Belarus.
All thanks to such projects and initiatives of the bank as the implementation of systemic social and public initiatives, assistance in the employment of people with disabilities, sorting and processing of waste paper and household waste, the introduction of paperless office technologies, measures to improve energy efficiency, as well as stimulating the transition of Sberbank customers to electric vehicles due to favorable conditions for loans for the purchase of electric vehicles.
In addition, the bank published an ESG report for the first time and published data on reducing the use of paper, heat and electricity, as well as the volume of investments in social projects.
Among them, special attention is paid to educational initiatives, including Teacher for Belarus, Sber Knowledge Week for students of the Belarusian State University of Economics and the LEVEL UP WITH SBER hackathon, organized jointly with the Belarusian State University.
In 2022, Sberbank announced its intention to develop AI solutions in accordance with the Code of Ethics in the field of artificial intelligence.
With this step, he demonstrated his willingness to follow the principles formulated and adopted by leading companies and research organizations, also developing and implementing solutions based on AI technologies.
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Content:
New foreign firms surge in China despite drop in overall direct investment

(MENAFN) The number of newly established foreign companies in China surged by 19.2 percent in the first four months of this year, according to a statement from the Chinese Ministry of Commerce. During this period, spanning from January to April, a total of 16,805 foreign-funded companies were established across the country. However, despite the increase in the number of new companies, the actual foreign direct investment (FDI) fell by 27.9 percent from the previous year, amounting to 360.2 billion yuan (approximately 50.66 billion dollars).

The Ministry's statement also highlighted sector-specific trends within the FDI landscape. Investment in the manufacturing sector saw a notable increase, reaching approximately 103.7 billion yuan during the first four months, which constitutes 28.8 percent of the total FDI. In particular, the high-tech manufacturing sector attracted 45.73 billion yuan, with its share in the total FDI rising by 2.7 percentage points from the previous year to 12.7 percent.

Additionally, the recently released Kearney Foreign Direct Investment Confidence Index for 2024 indicated a significant improvement in China's standing. The country jumped from seventh to third place in the global ranking and maintained its leading position among emerging markets. This rise reflects growing investor confidence in China’s economic prospects and its appeal as a destination for foreign investments, despite the overall decline in FDI figures.

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Content: Annual Investment Forum kicks off in Abu Dhabi with participation of 600 speakers from 170 countries
Zeyoudi: Soon.
Financial incentives for companies as part of the “Next Generation of Foreign Investment ” initiative
Under the patronage of His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of the Emirate of Abu Dhabi, the 12th edition of the Annual Investment Forum 2023 was launched yesterday at the Abu Dhabi National Exhibition Centre (ADNEC).
Future investment opportunities to promote sustainable economic growth, diversity and prosperity ”, with the participation of more than 600 speakers, as Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al-Zeyoudi, revealed financial incentives soon for companies within the “next generation of foreign investment ”.
The forum will witness more than 160 dialogue sessions and the presence of 44 ministers and 18 heads of international organizations from 170 countries, in addition to the participation of 70 countries in the exhibition accompanying the forum, and 50 Chinese unicorn companies (companies worth more than $1 billion), while the event is expected to attract more than 12,000 visitors.
Economic diversification
Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, said: “The UAE economy continues to grow and expand, supported by economic diversification policies based on sustainability. ”
Al Zeyoudi explained that the UAE is one of the largest recipients of foreign direct investment in the Middle East, ranked first regionally and 19th globally in terms of its ability to attract foreign direct investment, and ranked 17th globally in investment flows to the world with a total of $22.5 billion, a growth rate of 19% from 2020, according to the Foreign Direct Investment Report 2022 issued by the United Nations Conference on Trade and Development (UNCTAD).
UAE and India
In a press conference on the sidelines of the forum, Al-Zeyoudi said that the volume of non-oil trade between the UAE and India during the first 11 months of the signing of the Comprehensive Economic Partnership Agreement between the two countries (between May 2022 and March 31, 2023) exceeded $45.5 billion, a growth of 7% compared to 12 months before the signing of the agreement.
He stressed that the volume of trade between the two countries rose during the first quarter of this year to $13.3 billion, a growth of 24.7% compared to the fourth quarter of 2022, and a growth of 5.4% compared to the first quarter of 2022, which recorded unprecedented growth in trade between the two countries.
He revealed that the volume of non-oil exports to the UAE increased during the first quarter of this year by 33% compared to the fourth quarter of 2022, expecting, according to these results, that non-oil trade between the two countries will exceed the barrier of 50 billion dollars during the current year 2023.
The Next Generation Initiative
In a statement to WAM, Al Zeyoudi revealed that the “NextGenFDI ” initiative launched by the UAE government in July 2022 attracted 80 multinational companies of international repute from different countries and in multiple technology sectors, reflecting the UAE ’ s reputation as a global incubator for companies seeking to expand and develop.
He added that many companies within the initiative are currently conducting funding rounds and searching for local partnerships, which means increasing the flow of investment and supporting the growth of the technology sector, pointing to DataVerm, which aims to raise more than $200 million over the next five years to build a company with expected revenues of more than $1 billion annually, and Ventures, which seeks to raise between $30 million and $50 million during the first phase of its funding process next year. It plans to create 300 jobs in the UAE this year and between 500 and 700 jobs in the next five years, and is looking to become the first electronic unicorn in the UAE, in addition to Flypay, which aims to invest $10 million this year and $25 million in the next five years, and seeks to employ between 50 and 100 employees in the UAE.
“The Next Generation Global Foreign Investment Initiative (NGIFI) has received more than 400 applications from companies that have expressed interest in joining the initiative over the past nine months, ” he said.
“After examining these applications, most of them have been approved and the companies have been integrated into the initiative, and we expect more companies to join before the end of this year and enter into strategic partnerships, ” he added.
“We are in the process of digitizing the application process for joining the initiative through an electronic portal for companies that saves time and effort, and also facilitates the process of communication with interested parties, and financial incentives will be announced soon. ”
Attention and momentum
Al Zeyoudi continued: “The initiative is witnessing a lot of interest and positive momentum from international companies to pump their investments in the UAE, especially in the sectors of the new economy, where we expect it to translate into positive results. ”
This attention has led to significant investment in the UAE economy and we are optimistic about the future growth and success of the initiative. ”
“There are many corporate software developers and technology professionals who want to move to the UAE because of its high standards of living and quality of life, which has made it an attractive destination for talented and creative people in the technology sector.
We have recently seen global technology companies move their employees to the UAE. ”
Abu Dhabi Emirate
For his part, Head of the Department of Economic Development in Abu Dhabi, Ahmed Jassim Al Zaabi, said that the Emirate of Abu Dhabi is witnessing a strong and growing rise of the “Falcon Economy ”, driven by flexible policies and regulatory and legal frameworks that have made Abu Dhabi a destination for companies aspiring to expand their business in the region.
He added that the gross domestic product of the Emirate of Abu Dhabi exceeded one trillion dirhams in 2022, at a time when the contribution of non-oil sectors accounted for 50% of the total output.
He said Abu Dhabi aims to increase non-oil exports to the emirate by more than 140% to reach about 179 billion dirhams by 2031.
In his speech at the forum, Al Zaabi pointed out that the assets of the banking sector in the UAE grew in 2022 by 12 times compared to 2000 to reach $900 billion, and its contribution to the nominal GDP of the UAE jumped from 70% to more than 250% of the output during the same period.
Al Zaabi pointed out that Abu Dhabi is home to three of the world ’ s leading sovereign wealth funds with total assets exceeding $1 trillion, and has succeeded in strengthening its financial system by attracting leading financial institutions, and is home to two of the largest state banks along with a large number of international banks. both.
Masdar City: AED 1.5 billion investment expected
Ahmed Baghoum, CEO of Masdar City, said in a press statement on the sidelines of the forum that it is expected to inject new investments in Masdar City worth one and a half billion dirhams during 2023 and 2024.
He added that the total number of companies in Masdar currently stands at 1,100 companies of various nationalities, with a total investment of 10 billion dirhams, pointing out that the annual increase in the city ’ s investments ranges between 10 and 15% annually, and may rise to 20% this year.
Bakhoum revealed that 150 new companies are expected to join Masdar City this year in several fields, especially renewable and clean energy.
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Content: Overseas direct investment confidence index rises to ninth place, China's investment hot spot position is more consolidated
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Singapore ’ s attractiveness for overseas direct investment has increased further, jumping from 18th place last year to ninth place this year in the Kearney FDI Confidence Index (FDICI).
This shows that investors are optimistic about China's economic prospects and further consolidate China's position as a regional hot spot for overseas investment.
The 2023 FDICI released on Monday (April 3) by global management consulting firm Kearney shows that investors are cautiously optimistic about the global economy and business leaders are confident that globalization will continue to be the focus of overseas direct investment.
Asia-Pacific investors have been most positive about how their companies can benefit from global connectivity.
Digital infrastructure, increased trade opportunities and fewer barriers to trade are driving 73% of respondents in Asia Pacific to expect increased globalization in the next three years.
This is higher than the global average of 66% and the highest of any region.
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Content: Free zones may be Africa’s best chance to accelerate wealth creation

By Sylvia Brune

Co-founder of AHOY – a flight booking and concierge app – Sylvia Brune discusses why free zones may be Africa’s best chance to accelerate wealth.

Given the demand for goods and services from Africa’s growing middle classes, the continent has huge potential for growth. Over the past year, Foreign Direct Investment (FDI) into Africa grew by 11%, bucking the global trend and potentially setting a bright precedent for the future.

Whether this upwards trend in FDI will have a positive effect on growth and wealth creation is, however, still unknown. Studies have shown that capital has little impact on an undeveloped foundation. Key components needed to enhance capital’s productivity are infrastructure (not just physical), a stable and transparent legal framework, and skilled labour.

Where these are lacking, investors into the continent have to first ‘build’ the commercial foundation, before commencing their projects. Like spending money on hiring advisors, lawyers, and accountants to navigate the various countries’ economic environments, political systems, and bureaucracy. This adds time and uncertainty to projects, acting as an effective ‘tax’ on any return on investment - meaning only projects with a very high upside will be embarked upon.

Evidence suggests that these key components are indeed lacking across most of Africa, albeit with a small handful of countries on the road to improvement.

Countries, like Senegal and Côte d'Ivoire, have made important strides to improve anti-corruption institutions. Cabo Verde and Gambia have managed to gain local trust with 85% and 84% believing their government is fundamentally sound. And Mauritius and Rwanda have made it into the top 35 countries in the world as measured by economic and personal freedom, with Mauritius marginally beating Norway in the global ranking.

The reality is, however, that corruption continues to undermine the rule of law across most of Africa (which hosts 13 of the globe’s 20 most corrupt countries). Rule of law relates to strong property rights, government integrity, and judicial effectiveness - the basis for a sound investment environment. What is even worse than corruption’s effect on FDI, though, is its effect on retaining and developing talent.

Instability and lack of opportunity continues to result in brain-drain - drawing talent and skill away from the continent. The World Bank estimates one-in-nine Africans with a tertiary education live away from Africa – a 50% growth since the mid-00s.

So, what’s the solution?

Given the long, tough road ahead towards building economically sound environments across Africa, I believe the only solution in the short run, is establishing 100s of Special Economic Zones (SEZs) throughout the continent.

For those unfamiliar with SEZs, they are areas which operate under a different legal framework to the country they inhabit – with investment-friendly laws around commercial transactions, taxes, and the protection of private property. SEZs’ advantage is that you avoid building on top of broken legacy system, instead creating a pre-packaged, investor-ready climate.

These zones have been successfully tested and run in China and the Four Tigers (Hong Kong, Singapore, South Korea and Taiwan) to attract considerable FDI, and experience decades of double-digit growth. This format could likewise be used to boost and sustain investor interest in Africa.

SEE ALSO:

SEZs as talent hubs

While SEZs are known mostly as attractive investment environments, with conducive infrastructure and legal frameworks, the secret to their success rate is actually in their ability to attract and retain talent and skilled labour in specialised hubs.

China showed just how powerful an industry focus within SEZs can be. Because they provide a magnetic effect of highly specialised knowledge hubs - comprised of domestic, regional, and international talent.

Capital is like fuel, it’s only effective where there is a flame to throw it on. And that flame is talent.

The potential is clear, and I believe Africa has a burgeoning pool of talent waiting to be tapped into. But whether they are able to put their talents to best use, collaborate, and innovate freely is uncertain, and will determine whether they stay, or search for opportunities elsewhere.

A common hurdle, for example, is work visa rules between African countries, which means it’s easier for talent to find good opportunities outside Africa than within Africa. Talented individuals want to work alongside other talent. Similarly, talent and specialists from outside Africa face considerable barriers when trying to obtain work permits.

For example, Mr. Eazi’s emPawa Masterclass, like many creative undertakings, is dependent on bringing together the best talent. Earlier this year, emPawa struggled to bring artists, producers, and mentors together from across Africa. Due to visa rules and uncertain processing times, some were only provided with visas after the masterclass was already over, some not at all.

Here, again, SEZs are a solution. SEZs are able to receive visa allocations relating to their area of specialisation, which increases the likelihood of collaboration and innovation - which in turn attracts capital.

The Andela example

There’s plenty of evidence that talent wants to stay, provided there are the right conditions to do so. A great example is tech recruitment platform Andela, which proves that when start-ups in Africa have access to the best talent, including a global support network, and then tap into local opportunity, they can raise substantial foreign capital, and the local business community benefits as well.

Andela trains candidates for six months before pairing them with clients, many are the Fortune 500 and a number of Silicon Valley start-ups. So far, more than 90% of Andela’s first batch of alumni are still working in Nigeria.

SEZs would be able to turbocharge the work of companies like Andela. After talent has been developed, they need environments where they can make most use of their skills.

Already, countries like Mauritius, Senegal, and Rwanda have and are in the process of creating SEZs, with the view to building infrastructure, a stable legal framework, and enticing skilled labour – it’s an exciting time and I for one, am eager to see the results as more African countries follow their footsteps.

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According to the United Nations Conference on Trade and Development (UNCTAD), Africa attracted approximately $54 billion in FDI in 2022, representing a recovery from previous years' declines.

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Content: Hamdan bin Mohammed: Dubai is the first in the Arab world and the third in the world in attracting foreign direct investments
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, announced that during the first nine months of 2021, Dubai was ranked first in the Arab world and third in the world in attracting foreign direct investments with attracting projects worth 16 billion dirhams.
His Highness said in his official account on the social networking site "Twitter": "Dubai continues to record achievements and consolidate its global position as a leading investment destination... During the first nine months of 2021, Dubai was ranked first in the Arab world and third in the world in attracting foreign direct investments with attracting projects worth 16 billion dirhams."
His Highness continued: “These achievements are the fruit of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, who directed that we all work together to make Dubai the best destination to live and work...
We are proud of our outstanding relationship with private sector partners from around the world and continue to work to create new opportunities for all. ”
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Content: The emirate occupies advanced ranks among adults in various international classifications
D33 Continues Dubai ’ s Approach to Global Excellence
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Dubai ranks high among the world ’ s adults in various recognized international rankings of cities, and continues thanks to its economic agenda « D33 » to start the stage of motivating and creating opportunities and achieving the achievements and ambition of the leader who is satisfied only with the top, to crown Dubai by making it the best city in the world, according to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai. His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.
Dubai has become synonymous with leadership in many prestigious global indicators that monitor the levels of city renaissance in various aspects, and the name of Dubai is associated with the first place, or at least one of the top ten in the world, in various recognized international classifications of cities.
Hardly a month or two goes by without disclosing the results of an index or a global ranking in which Dubai enjoys an advanced position not outside the top ten.
Dubai is based in the implementation of its economic agenda « D33 » on the indicators it gained over the past year, and « Al Bayan » reviews the most prominent indicators and global rankings that witnessed the presence of Dubai among the adults in 2022.
Dubai was among the top 3 destinations for future investment globally thanks to the prominent position that the Emirate of Dubai has reached in the Arab world and internationally in attracting foreign direct investment.
1st place
On May 9, 2022, Dubai ranked first in the world in attracting foreign direct investment projects and second in attracting corporate headquarters in 2021.
This came on the occasion of the issuance of the annual report of the Dubai Investment Development Corporation, which pointed out that the Emirate of Dubai has achieved an important economic achievement, topping the list of attractive cities for new foreign direct investment projects for the year 2021, compared to the third place globally in the previous year.
His Highness also revealed the emirate ’ s success in attracting 418 new investment projects.
Tourism Projects
On July 17, 2022, Dubai ranked first in the world in attracting foreign direct investment (FDI) in the tourism sector, maintaining it throughout 2021, according to the Foreign Direct Investment Markets (FDiMarkets), a subsidiary of the Financial Times Limited, which is based on the classification of investment destinations attracting 10 or more foreign investment projects per year.
This is the culmination of Dubai ’ s successful journey over five consecutive years since 2017, during which Dubai has maintained its lead over global cities such as London, Paris and Shanghai in attracting foreign direct investment (FDI) to the tourism sector, with a total of AED 83.5 billion (US $22.8 billion) across 205 projects over the five years.
Foreign direct investment
On 31 October last year, Dubai ranked first in the world in attracting foreign direct investment projects, under the vision and guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
In the first half of 2022, 492 projects voted Dubai as a partner in a new vote of confidence in a secure and stable business environment, flexible legislative frameworks, efficient infrastructure and high ambition for the future.
The second best cities in the world in technology
On November 2, 2022, Dubai was ranked second on the list of the world ’ s best cities in technology, according to the Cities in Motion 2022 Index issued by the Navarra Business School (IESE) in Spain.
The index is published annually to monitor the levels of development of all cities in the world from all economic, social, scientific and other aspects.
Dubai advanced two positions in the field of technology compared to its classification according to the latest edition of the index, which was in 2020, when Dubai was ranked first regionally and fourth globally.
The College of Navarra said in the report attached to the results of the index, that there are many factors that have qualified Dubai to win the second place in the world in technology, including the overwhelming rate of mobile phone penetration among its population, as 99.8% of the population of Dubai has at least one mobile phone.
Similarly, 99.3% of Dubai ’ s population is covered by at least one mobile network, and its speed rating is at least 4G.
5th best city in the world
On November 9, 2022, Dubai retained its lead in the Middle East and North Africa, and ranked fifth in the world, on the “Best Cities in the World ” index, which is issued annually by the Canadian institution Resonance Consultancy for studies and research on cities and destinations around the world.
According to the results of the “Best Cities of the World 2023 ” index issued by the institution, which monitors the best cities in the world over the past year, Dubai retained the same regional and global rankings that it received in the last year ’ s edition of the index, after it strengthened over the past year, and the period since this year, its position as the city of qualities that weigh the“ I do ” preference. A breathtaking panorama, or watch the “most expensive ” horse race in the world.
A position that has contributed to Dubai ’ s presence among the top 10 on the “Best Cities of the World ” index over the past years, but Dubai strengthened this position this year with the opening of the deepest diving pool in the world, according to the Guinness World Records, which the report said that it should move its headquarters to Dubai, if not already, as Dubai is dedicated to always rewriting records in this encyclopedia.
« City Brand Index »
On November 11, 2022, Dubai was ranked first regionally and sixth globally on the Saffron City Brand Index 2022, released yesterday by British consultancy Saffron.
The index annually tracks the world ’ s top cities that have built strong brands in several sectors, with a particular focus on tourism.
This year, Dubai received a score of 50.06 out of 100, which is the ultimate score given by the index to each city in assessing the strength of its brand.
Dubai scored 51.78 on the sub-index "Assets", which means assets owned by the city that contribute to building its brand, especially in the tourism sector.
Dubai received a score of 48.33 in the sub-index “Media Attention ”, which means the city ’ s reputation in the global media.
Saffron said in the report attached to the results of the index that the top 10 cities on the index, including Dubai, succeeded in maintaining or increasing their overall balance as cities with internationally recognized brands in the tourism sector, when taking into account the sub-indicators « assets » and « media interest ».
The report added that the top 10 cities not only have huge assets in terms of attractive tourist destinations, but also enjoy a huge positive reputation in the global media.
Best city for expats
On November 30, 2022, Dubai was ranked second in the world ’ s cities in the “World ’ s Best Destinations for Residents, 2022 ” index for cities, also known as“ Expiat Insider, 2022 ” issued yesterday by the German institution “Internations ” specialized in research related to the quality of living in various countries of the world.
The Best Destination in the Top 100 Tourist Cities
Dubai concluded the year 2022, retaining for the second year its lead for the Middle East and North Africa, and the second place globally after Paris on the index of the best 100 cities as a global tourist destination 2022, issued by the British institution « Euromonitor International » specialized in market research.
Dubai also retained for the second year in a row as the only city in the Middle East and North Africa in the top 20 on the index.
Dubai has strengthened its presence among the world ’ s top cities in economic performance and business activity, as well as in tourism performance and the flourishing tourism infrastructure, which are the criteria monitored annually by the index to identify the cities of the world that have the best investment and employment potential, while also having the modern advantages of increasing digitization, technological progress and sustainable development.
In the same context, the British platform « City Monitor » specialized in urban affairs, said that Dubai broke world records in the tourism sector this year, through its performance on several key indicators to monitor the tourism performance of various cities of the world since the beginning of the year.
The platform said in a report entitled "What are the most visited cities in the world?", that Dubai comes in the first place globally, which is expected to receive the largest number of international visitors in 2022, thus retaining the achievement achieved last year, when the cities of the world in the number of international visitors received throughout 2021, amounting to 6.9 million visitors.
The report was based on a number of indicators over the past year.
For example, the occupancy rate in Dubai hotels during the first quarter of this year was the highest in the world at 74%.
The report added that there are logical factors that enhance the likelihood of Dubai retaining the lead at the end of 2022, including an increase in the number of countries that dropped travel restrictions due to the COVID-19 pandemic, leading to an expected increase in the number of international visitors to Dubai.
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Content: Stories
Congo, Iraq, Uganda and Bangladesh show unexpected growth in investments in start-ups
Stories
Elena Likhanova
Senior Editor RB.RU
Elena Likhanova
In the vast majority of cases, funded startups are grouped in countries that are easy to do business.
They are rarely seen in regions where it is difficult to start new businesses.
And that ’ s why it ’ s so interesting to find that in a place like this, startup funding can grow.
The Crunchbase platform studied such locations and shared unexpected conclusions.
Congo, Iraq, Uganda and Bangladesh show unexpected growth in investments in start-ups
It turns out that seed and venture capital investments cover more and more corners of the globe.
For simplicity, four countries were chosen that have never been the centers of attraction for startups, but are seeing a sharp increase in funding.
For this purpose, the World Bank rating of 190 best and worst countries for doing business and Crunchbase data were used.
Democratic Republic of the Congo
It is the largest country in sub-Saharan Africa, home to about 108 million people.
It is a country with a tragic colonial history that has spent several turbulent decades under the leadership of strong leaders.
Despite the fact that this country is huge and rich in natural resources, it has never been easy to make a living or build a business here.
Read on topic:
By 2050, Africa ’ s digital economy will grow sixfold – forecast
Why Africa is the most interesting region for Russian entrepreneurs
But Congo is too big a territory for startups to ignore completely.
According to Crunchbase, local startups have received about $10.4 million in investments since 2021.
While these numbers don ’ t look as impressive, it ’ s a leap from previous years.
Thus, according to Crunchbase, for the decade from 2010 to 2020, Congolese companies attracted only $1.2 million of pre-seed investments.
One of the largest recipients of funding in recent years is Altech Group, a supplier of solar energy and eco-friendly cookstoves.
The company raised $1.5 million in equity financing with the support of social investor SIMA Funds, as well as $7.1 million in debt financing.
Another $37.5 million this year went to Jambo, an African Web3 superapp whose founders were born in Congo.
In May, the company closed a $30 million round led by investment company Paradigm, focused on cryptocurrencies.
It is unclear if Jambo is also present in the Congo.
Iraq
Iraq is hardly the center of technological start-ups.
According to Crunchbase, from 2010 to 2020, local projects received about $2 million in venture and seed funding.
Recently, however, the situation has been gaining momentum.
Since 2021, startups from Baghdad have raised at least $13.7 million in equity funding.
There is even a special fund, Iraq Tech Ventures, which says it focuses on “diversifying Iraq ’ s economy from oil to more sustainable sectors such as technology. ”
RB recommends the best digital solution providers for your business
Most recently, the most significant funding went to Bely, an app to call a taxi from Baghdad, closing the $10.5 million round.
Food delivery startup Alsaree3 raised $3.2 million
Uganda
Uganda ’ s population is said to be the youngest in the world, with an estimated 45% of its inhabitants under the age of 15.
Only 2% of people in this country are over 65 years old.
Apparently, part of this youthful energy is being translated into startups.
Crunchbase notes that since 2021, at least 20 startups from Uganda have raised seed, venture or debt financing and collectively raised more than $40 million.
For comparison, over the entire decade from 2010 to 2020, Ugandan startups received less than half of that amount.
The most famous of the local projects is Tugende, a startup from Kampala that offers financing and services for small businesses and sole proprietors who want to own income-generating assets such as motorcycles and cars.
According to Crunchbase, Tugende has raised $22 million in equity financing and $27 million in debt financing to date.
In June, the company also announced an undisclosed size round.
And in March, telemedicine solution provider Rocket Health Africa closed a $5 million Series A round.
The company, based in Kampala, offers medical consultations on a smartphone, collection of laboratory samples and delivery of medicines.
Bangladesh
With a population of 170 million people, Bangladesh is the eighth most populous country on Earth.
However, in terms of land area, Bangladesh ranks 94th, which means that it is also one of the most densely populated countries in the world.
Despite geographical difficulties, the natives of the country are industrious, which over the past decade has allowed it to become one of the fastest growing economies in the world.
This has led to a sharp rise in investment in start-ups, many of which create goods and services for consumers and businesses in the domestic market, as well as export-oriented businesses.
Crunchbase has data on nearly 100 rounds of different stages involving startups from Bangladesh that have closed since last year, collectively raising more than $230 million.
Most of that money went to one company: Dhaka based ShopUp, a small business B2B trading platform that raised more than $200 million in venture capital investments.
Other major rounds are dominated by e-commerce, logistics and delivery.
Source.
Cover photo: GR.Stocks / Shutterstock
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Title:

Content: $852 billion.
Global investment recovery in the first half of 2021
0.
Written by: WAS - Harmony:
According to the United Nations Conference on Trade and Development (UNCTAD), global foreign direct investment (FDI) flows reached US $852 billion in the first half of this year, indicating a stronger than expected recovery momentum.
According to the Global Investment Trends report released by the program today, increased investments in the first two quarters of 2021 led to the recovery of 70% of the investment losses caused by the Corona epidemic in 2020, and the rapid recovery of foreign direct investment and optimistic outlook hide the growing disparity in flows between developing and developed economies, as well as the widespread delay in the recovery of investment and productive capacity.
Developed economies saw the largest increase in foreign direct investment in the first half of this year at $424 billion, more than tripling from the same period in 2020, and in Europe several major economies saw an increase of 5% on average.
Flows in the United States increased by 90% driven by increased cross-border mergers and acquisitions, FDI flows in developing economies increased significantly to $427 billion, with acceleration in East and Southeast Asia (25%), recovery from pre-epidemic levels in Central and South America, and recovery in many other economies across Africa and West and Central Asia.

Title:

Content: MercoPress, en Español

Montevideo, August 2nd 2021 - 10:01 UTC

Argentina second worst Latam country in terms of foreign direct investment

Monday, August 2nd 2021 - 09:56 UTC
Full article 0 comments

Argentina's poor performance in the 21st century when it comes down to direct foreign investment is only surpassed by that of Venezuela; it was reported Sunday by Infobae.

According to the latest data from the United Nations Conference for Trade and Development (UNCTAD), inflows of cash from abroad into Argentina plummeted 38% in 2020 to barely US $ 4.1 billion.

Globally, FDI flows fell 35% to $ 1 trillion, up from $ 1.5 trillion in 2019.

Since 2020, many foreign companies have already left Argentina, some of them after the restrictions from the coronavirus pandemic coupled with macroeconomic instability and a total lack of clear rules. But many of them had already been harboring the thought for quite a while.

A Harvard University Business School study released last week showed that after 20 years in the country many businesses have chosen to move to Uruguay due to the exodus of professionals and companies.

According to a report by First Capital Group quoted by Infobae, there have been at least 32 operations and/or announcements in which a multinational group decides to close and/or sell its operation or local business unit in Argentina since August 2019. Among those who have left the country for good are the airlines LATAM, Norwegian and Air New Zealand; the auto part company Saint Gobain Sekurit; the Walmart supermarket chain and the Falabella retail chain; in addition to the sportswear Nike brand, among others.

“In 2010, Argentina had a stock of foreign direct investment of around USD 85,000 million and at the end of 2019 it had dropped to the equivalent of USD 69,170 million. Foreign FDI in 10 years grew 70% in the world, while in Argentina it fell by more than 19%,” economist Marcelo Elizondo told Infobae.

While between 2000 and 2019 FDI grew 394% worldwide - it went from a stock of USD 7.3 trillion to USD 36.4 trillion - in Argentina it barely grew 2% in almost 20 years.

According to the UNCTAD report, Argentina “shows an almost zero evolution in the stock between 2000 and 2019 despite world dynamics.”

Furthermore, among the ten countries with the worst performance - led by Venezuela - Argentina is the one with the highest nominal stock of FDI, making it the most relevant country among those that have seen poor developments in terms of foreign direct investment.

The 2020 data are recent and are not part of this report, but they indicate that Argentina received FDI for US $ 4.1 billion. In 1998, investments worth over US $ 20 billion were welcomed.

”The 2020 figure represents only 1.1% of GDP, ranking among the countries that receive the least FDI in the region. Only Peru performed worse than Argentina, with a FDI of 0.5% of its GDP. On the other end, Uruguay leads with a proportion of 4.7% of GDP,“ states a report published by the Fundación Libertad y Progreso, which also highlights that the situation gets worse when compared with the FDI of 2019, prior to the pandemic, since all the countries of the region, including Peru, had much higher proportions of FDI in relation to GDP, against Argentina's meager 1.5%.

”Argentina's difficulties receiving investments already existed even before the arrival of Covid-19,” said economist Iván Cachanosky. “Argentina is a not very competitive country and that it does not show signs of correcting its course,“ he added.

In its 2020 report, UNCTAD stated that Argentina experienced a prolonged shutdown of the industrial sector, causing a drop in fixed capital formation and a 10% decline in the economy. ”These contractions further complicated financing conditions for the country, which eventually defaulted on its external debt. The challenging environment had a major impact on FDI: new investments retracted 45% and reinvested earnings fell 22%. In turn, mergers and acquisitions operations recorded a divestment of US $ 290 million after major international investors sold their assets.” (Source: Infobae)

What trends are emerging for African startups in 2022?

What trends are emerging for African startups in 2022?

What trends are emerging for African startups in 2022?

What trends are emerging for African startups in 2022?

What trends are emerging for African startups in 2022?

What trends are emerging for African startups in 2022?

### Geographical Distribution
Foreign investment in Africa is concentrated in several key regions:
- **West Africa**: Nigeria, Ghana, and Côte d'Ivoire have attracted significant investment in oil and gas, telecommunications, and agriculture
- **East Africa**: Kenya, Ethiopia

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Content: More than 18 trillion tenge of investments are planned to attract to the economy of Kazakhstan in 2023
107
As part of the relocation, 24 foreign companies “moved ” to Kazakhstan, and work continues on another 43.
Photo: Ukimet Telegram Channel
This year, it is planned to launch 170 new investment projects in the industry.
This was announced at a meeting on the socio-economic development of the country by Alikhan Smailov, Kazpravda.kz reports with reference to the telegram channel of the Government of Kazakhstan.
The Prime Minister of Kazakhstan noted that this year it is planned to attract 18.3 trillion tenge of investments in fixed assets to the economy.
A nationwide pool of 873 investment projects worth 28.1 trillion tenge is being worked out.
At the same time, within the framework of the relocation, 24 foreign companies “moved ” to Kazakhstan, another 43 work continues.
“This year, 170 projects worth 1 trillion tenge will be launched in the industry.
Due to this, it is planned to create about 15 thousand new jobs, ” the prime minister said.
According to Smailov, in the oil and gas sector, the implementation of projects for future expansion and wellhead pressure management at Tengiz continues, the construction of the 5th compressor has begun and a project for the preparation of commercial gas with a capacity of 4 billion cubic meters per year is being worked out at Karachaganak.
In addition, the construction of a gas processing plant with a capacity of more than 1 billion cubic meters continues at the Kashagan field and the construction of another gas processing plant with a capacity of 4 billion cubic meters is being considered.
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Which African countries are driving the venture capital ecosystem?

Which countries are preferred FDI destinations in Africa?

Which African countries are driving the venture capital ecosystem?

Which countries are preferred FDI destinations in Africa?

Which African countries are driving the venture capital ecosystem?

Which countries are preferred FDI destinations in Africa?