Investment: foreign investors favour Angola.

Position:Business Briefs - Brief Article
 
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Angola has surged ahead of South Africa as the preferred African country for foreign investors. Foreign direct investment (FDI) in South Africa last year fell by 20% to around $600m as the world's moneymen ploughed $1.7bn into Angola's resurgent economy. According to the World Bank's 2004 Global Development Finance Report, the drop in inflows to Africa came as FDI in all developing countries fell 8.1% to $135.2bn in 2003. China was last year's top FDI destination at...

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