FDI |

Flows From Single Deal Will Help Double Tanzania’s FDI in 2016

Tanzania, Capital Markets in Africa: Tanzania may receive $4.2 billion in foreign direct investment this year, double the average annual amount, boosted by inflows for a single project, the head of the Tanzania Investment Centre said. “A few days ago, we got someone who is bringing investment that’s more than the annual combined investment that we have been getting,” acting Executive Director Clifford Tandari said, declining to provide any details. “So the future outlook is…

Finance | Rwanda Targets $1.5 Billion in Foreign Investments in 2016

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Kigali, Rwanda, Capital Markets in Africa — Foreign direct investment in Rwanda will probably rise 36 percent this year to $1.5 billion, according to the Rwanda’s development board. Projects financed by foreigners will rise from $1.1 billion last year, Francis Gatare, chief executive officer of Rwanda Development Board, said in an interview on Thursday. “In 2015 we witnessed an increment in the number of investments registered, with key projects in energy and education topping the…

Gulf investors access Africa via co-investment with private equity funds and invest US$9.3 billion

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DUBAI, Capital Markets in Africa — In support of its efforts to highlight attractive investment opportunities in Africa to its members, Dubai Chamber of Commerce & Industry launched new report entitled “Beyond Commodities: Gulf Investors and the new Africa”, which has highlighted that co-investment with private equity funds, purchase of private equity businesses, and direct buyouts or minority share acquisition represent the most significant modes of FDI entry for Gulf investors interested in Sub-Saharan Africa. The study,…

FDI value jumps despite falling number of investment projects in Africa

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Johannesburg, South-Africa (Capital Markets in Africa) — According to EY’s 2015 Africa attractiveness survey – Making choices, Africa’s share of foreign direct investment (FDI) projects fell 8.4% in 2014, but remained well above pre-2008 levels. However, foreign direct capital investment into the continent surged to US$128b, up 136% in 2014 – a five-year high, with the number of jobs created from FDI jumping 68% resulting in 188,400 new positions across Africa. The report combines an analysis…

Foreign direct investment in Africa surges

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Lagos, Nigeria (Capital Markets in Africa):- Africa is the world’s fastest-growing region for foreign direct investment, according to a report from fDi Intelligence, a data division of the Financial Times group. In a year when the global greenfield FDI market grew a paltry 1%, Africa enjoyed a 65% increase in capital investment in 2014 over the previous year, to an estimated USD 87bn. The number of FDI projects in the continent rose 6%. The FDI…

Ethiopia predicts record $1.5B foreign direct investment in 2015

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Addis Ababa, Ethiopia (Capital Markets in Africa):- Foreign direct investment into Ethiopia will reach a record $1.5bn this year, on the back of successful efforts by the fast-growing and populous African country to attract overseas manufacturing companies. Only seven years ago, the country with a population of 94m drew only $108.5m in inward investments from overseas. But it has been growing at double-digit rates, thanks to increased relocation of factories, attracted by low wages, cheap…