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Kick-starting FDI in Africa By Carl Manlan and Efosa Ojomo LOMÉ/BOSTON In the United Nations’ 2020 World Investment Report, Secretary General António Guterres noted that global foreign direct investment (FDI) this year is “expected to fall sharply from 2019 levels of $1.5 trillion” to below the trough it hit during the global financial crisis. This decline will have a devastating effect on emerging economies, many of which are already in crisis as a result of the COVID-19 pandemic. Few regions will struggle more than Africa. Not only does the continent account for just 3 epr cent of global GDP, but it currently attracts less than 3 per cent of global FDI, which has been a critical factor in propelling other regions to prosperity.

United statesNational taiwan universityT ai peiIyinoluwa aboyejiDeng xiaopingCarl manlanHong kong accountedEfosa ojomoTambua healthAspen instituteEcobank foundationClayton christensen instituteAlan smart of the university calgaryEuropean unionUnited nationInvestment report