Home How the COVID-19 is impacting foreign direct investment into East Africa How the COVID-19 is impacting foreign direct investment into East Africa

How the COVID-19 is impacting foreign direct investment into East Africa

The latest World Investment Report 2020 by the United Nations Conference on Trade and Development indicate that FDIs in East Africa declined by 9 per cent to $7.8 billion in 2019 from $9 billion in 2018. There could be a sharp decline in FDIs this year as the COVID-19 pandemic continues to ravage economies across the globe. Oscar Emasu