SSA FDI flows down 12% in 2020 as global flows plunge by 35%

New data from the United Nations Conference on Trade and Development shows that global Foreign Direct Investment flows plunged by 35 per cent in 2020 to one trillion dollars. Meanwhile in Africa, FDI flows declined by 16 percent to $40 billion, with sub-Saharan Africa recording a 12 percent decline to $30billion. James Zhan, Director of Investment Division at UNCTAD joins CNBC Africa for more.

Mon, 21 Jun 2021 12:14:34 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.