Business

UNCTAD: Africa to see tepid FDI growth in 2021

Africa’s tepid economic recovery and slow COVID- 19 vaccine roll-out programme is likely to weigh on the scale of investment in 2021, UNCTAD’s World Investment Report 2021 has warned. After falling 16 per cent in 2020, Foreign Direct Investment (FDI) flows to the continent is projected to grow by only five per cent in 2021, lower than both the global and developing country projected growth rates, the report said. Foreign investment fell to $40 billion in 2020 from $47 billion in 2019, the report said, as economic and health challenges due to the pandemic combined with low prices of energy commodities weighed heavily on foreign investment to the continent. While Egypt received the lion’s share of the funds, it was still 35 per cent lower than in 2019, the report said. The report showed that commodity-dependent countries were affected more severely than non-resource-based economies. “The challenging environment affected all aspects of foreign investment,” said UNCTAD’s director of investment and enterprise, James Zhan.

 

TRY IT TONIGHT!!! ---

 

Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days...

   

CLICK HERE FOR FULL DETAILS.

 

%d bloggers like this:
Fake Richard Mille Replica Watches, www.richardmille.to The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica