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UNCTAD: COVID-19 slashed FDI flow in Africa by 16%

According to the World Investment Report 2021 by the United Nations Conference on Trade and Development, the COVID-19 pandemic had a significant impact on foreign direct investment in Africa as flows to the continent declined by 16 per cent in 2020 to $40 billion, from $47 billion in 2019. CNBC Africa spoke to UNCTAD’s Director for Investments and Enterprise, James Zhan, for more.

Wed, 07 Jul 2021 10:22:59 GMT

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