{"id":12177,"date":"2012-07-06T12:16:47","date_gmt":"2012-07-06T10:16:47","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/rpt-foreign-direct-investment-into-africa-to-double-by-2014-un\/"},"modified":"2012-07-06T12:16:47","modified_gmt":"2012-07-06T10:16:47","slug":"rpt-foreign-direct-investment-into-africa-to-double-by-2014-un","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/rpt-foreign-direct-investment-into-africa-to-double-by-2014-un\/","title":{"rendered":"RPT-Foreign direct investment into Africa to double by 2014-UN"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Repeats with no changes to text)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* FDI growth in sub-Saharan Africa up 25 percent in 2011<\/p>\n<p><span><\/span><\/p>\n<p>* FDI into North Africa halved in 2011<\/p>\n<p><span><\/span><\/p>\n<p>* India, China, South Africa are largest investors<\/p>\n<p><span><\/span><\/p>\n<p>By Tosin Sulaiman<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, July 5 (Reuters) &#8211; Foreign direct investment<br \/>\ninflows into Africa fell in 2011 for the third consecutive year<br \/>\nbut could more than double by 2014, as stronger economic growth,<br \/>\nongoing reforms and high commodity prices improve investor<br \/>\nperceptions, the United Nations said on Thursday.<\/p>\n<p><span><\/span><\/p>\n<p>The decline in investment, from $43.1 billion in 2010 to<br \/>\n$42.7 billion in 2011, was largely due to reduced inflows to<br \/>\nNorth Africa as social and political unrest in Egypt and Libya<br \/>\ndeterred investors, according to the 2012 World Investment<br \/>\nReport. Africa&#8217;s share of global FDI also dropped from 3.3<br \/>\npercent in 2010 to 2.8 percent in 2011.<\/p>\n<p><span><\/span><\/p>\n<p>However, inflows to sub-Saharan Africa jumped 25 percent to<br \/>\n$36.9 billion in 2011, close to its peak of $37.3 billion in<br \/>\n2008, as commodity-rich countries in west and central Africa saw<br \/>\na rise in new projects.<\/p>\n<p><span><\/span><\/p>\n<p>The report, published by the United Nations Conference on<br \/>\nTrade and Development, said Africa&#8217;s FDI prospects for 2012 were<br \/>\npromising and forecast average flows of between $55 billion and<br \/>\n$65 billion in 2012. It projected this would grow to $70-$85<br \/>\nbillion in 2013 and $75-$100 billion in 2014.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Repeats with no changes to text) * FDI growth in sub-Saharan Africa up 25 percent in 2011 * FDI into North Africa halved in 2011 * India, China, South Africa are largest investors By Tosin Sulaiman JOHANNESBURG, July 5 (Reuters) &#8211; Foreign direct investment inflows into Africa fell in 2011 for the third consecutive year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-12177","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=12177"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12177\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}