Investments & Projects

Namibia benefits from substantial resources (uranium, diamonds, zinc, copper, oil), which attract the majority of FDI. The main countries investing in the mining sector remain, in 2015, South Africa (its neighbouring country), the United Kingdom, the United States and Germany.

FDI inflows to Zambia have accelerated since 2011. In 2014, they amounted to USD 2.48 million, making Zambia one of the main African recipient countries.

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.