Foreign direct investment in SA at highest levels since 2016

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 77%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

What the latest EY report suggests from an FDI perspective – Sandile Hlophe, partner and Africa region government and infrastructure leader.

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW Download the free LiSTN audio app on Google Play, Apple or here.

SANDILE HLOPHE: That’s a great question. We’ve seen three key sectors feature prominently in terms of investment. But interestingly we’ve seen about $50 billion coming out of the UAE, which is a new entrant into providing funding into Africa. Chinese investments are still there but have declined slightly. This is to be expected with the slowdown in the Chinese domestic economy. A lot of focus has been on stimulating that, which then obviously led to new entrants emerging.

Secondly, I know we’ve got our challenges around education and unemployment, but we’ve got some very good key skills in the continent. Particularly as we shift towards technology and coding, we’ve seen quite a big investment in various cities and so forth. So I think the African youth tend to be very nimble.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU

Россия Последние новости, Россия Последние новости