Clean technology leads as African foreign direct investment rebounds
Advisory and professional services firm EY's eleventh Africa Attractiveness Report found that clean technology led the foreign direct investment (FDI) drive into Africa against a backdrop of a substantial overall recovery of FDI on the continent. Technology services attracted the second-most FDI and business services placed third in terms of investment attractiveness. The overall report found that Africa attracted 733 projects, a 64% increase over the prior year, worth $194-billion, and created 154 000 jobs.