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China-Africa Trade Information Service
Although FDI stocks have increased in recent years due to Rwanda's political stability and measures focused on improving the business climate, FDI flows still remain rather weak.
Before the political crisis, Egypt was a very attractive Middle Eastern destination for FDI.
Foreign investment in Kenya remains relatively weak considering the size of its economy and its level of development.
According to the UNCTAD, Nigeria has the third largest FDI stock in Africa -- USD 86.6 billion - after South Africa (USD 145 billion) and Egypt (USD 87.8 billion). This is largely due to the fact that the country remains Africa's largest producer of oil.
Conrad Mwanawashe — MORE than $600 million was invested in industrial production in the last five months after Government introduced policy initiatives to restrict the importation of products that could be manufactured by local companies.
Pretoria — Trade and Industry Minister Rob Davies has welcomed the R150 million Chinese investment at the Dube Trade Port which will build local capacity in the manufacturing of fibre optic cables.
The Government has committed itself to a programme of economic reforms and liberalisation. However, it continues to control the services sector, with a state monopoly on the telecom market and virtually full control by local banks in the financial sector.
The China Africa Development Fund (CAD Fund), an equity investment fund managed by China Development Bank, had invested 4 billion U.S. dollars in Africa as of the end of November, authorities said Wednesday.
Tanzania is among the preferred destinations for foreign investment in Africa. In 2014, the country was the third largest recipient of FDI in Africa, after Kenya and Uganda.