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AFRICA-INVEST

Foreign Investment Into Africa At An All Time High

Africa received its largest ever share of global foreign direct investment (FDI) last year, an Ernst and Young survey has said. FDI projects grew by 27% in 2011, pushing Africa’s share of the world’s investment to almost a quarter. FDI inflows, now about $80bn (£50bn), should reach $150bn by 2015, according to the global consultants. [...]