In June 2019 Africanews summarized UNCTAD’s World Investment Report 2019, which found that foreign direct investment into Africa rose about 11 percent to $46 billion in 2018 even as investment into many rich economies fell, and that flows into sub-Saharan Africa climbed about 13 percent to $32 billion.
UNCTAD said South Africa more than doubled inflows to about $5.3 billion, while Ethiopia remained East Africa’s largest recipient even after an 18 percent decline to about $3.3 billion, and Ghana stayed a major West African destination near $3 billion despite a smaller dip.
Kept as investment archive, the UNCTAD figures date how Ethiopia still led East African foreign investment in the 2018 data released in mid-2019.
Sources: Africanews, UNCTAD