Foreign investment into Africa doubles
Foreign direct investment (FDI) into Africa has more than doubled since 2003 and most global executives believe the continent’s reputation as a business location has improved.
In the past nine years the number of FDI projects on the continent rose to 857 from 339. The market was worth some US$80bn in 2011, representing about 5.5% of global FDI projects – the largest proportion Africa has accounted for.
AVCA appoints Citadel Capital director
Private equity firm’s Karim Sadek joins African Venture Capital Association.
April-May 2012
Banking’s summer of love
Unity and opportunity in emerging Europe. By Tim Burke
Man of the moment
Admassu Tadesse, PTA Bank’s new president, tells Mark Dunne about the role and why Africa is the place to be.
