FDI in Africa to continue to grow
Foreign investment in Africa has “exploded” over the last decade and is continuing to grow, food-focused UK investment firm Silk Invest has claimed.In an exclusive interview with just-food, Silk Invest chief executive Zin Bekkali said there had been a “very strong increase” in inward investment into Africa despite concerns over governance and unrest.
“Foreign direct investment in Africa has exploded over the last five to ten years. A lot of this investment takes some time materialise, but the effects are very positive on the African economy, which in turn lures more international investment,” Bekkali said.
In 2000, FDI in the region totalled US$10bn, in 2005 that level had increased to $30bn and last year FDI in Africa rose to $53bn.
just-food is the world’s leading portal for the global pre-packaged food and retail industries. Its daily mix of breaking news, views, analysis and research serves over 100,000 food executives each month. http://www.just-food.com/
Amazon Fresh, an online-only grocery delivery service, entered the US market in 2007. An Amazon exec...
There are some serious lessons to be learnt for businesses in the food industry when examining a uni...
Reforms to the country of origin labelling system were agreed to at a meeting of the Australian Cons...
A leadership change has been announced for New Zealand dairy giant, Fonterra.
New Zealand is facing a potato shortage after up to 30 per cent of the country’s crop was hit by hea...
World of Business Ideas (WOBI) is promoting its November 2019 event for family owned businesses. Th...
A new era in food delivery is rapidly emerging says a new report from Rabobank.
Coeliac disease may be trigged by exposure to an otherwise harmless virus that causes no other sympt...