In the last decade, Asian migrants have fanned out through southern Africa, opening shops in small towns and rural backwaters. While consumers in countries facing increasing economic hardships have come to depend on their low prices, local shop owners complain they are being forced out of business, pressuring governments to introduce restrictions on foreign traders. [...]
Foreign Investment Into Africa At An All Time High
May 7, 2012 | Posted by
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. [...]
