Foreign direct investment in Africa falls 50% – EY report - Punch Newspapers

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The most widely read newspaper in Nigeria

Foreign direct investment inflow in Africa dropped by 50 per cent in 2020 as the continent recorded its worse economic recessions in 50 years, EY said in a new report.

It said the extractive sector – mining, oil and gas – accounted for only four per cent of FDI inflows in 2020. He noted that Africa, along with the rest of the world, was significantly impacted by the COVID-19 pandemic, causing lots of business disruption across industries and sectors. According to the report, FDI is shifting away from extractive industries as an increased global focus on environmental sustainability requires a step change across the corporate world.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 8. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости