Mukhisa Kituyi, Secretary-General of UNCTAD and AU Ministers sign Nairobi Statement on Investment in Access to Medicines- CC via Wikimedia Mukhisa Kituyi, Secretary-General of UNCTAD and AU Ministers sign Nairobi Statement on Investment in Access to Medicines- CC via Wikimedia

Egypt ranks 4 in capturing FDI in 2016 - UNCTAD

By: MENA
Mon, Jun. 19, 2017
CAIRO - 19 June 2017: Egypt ranks fourth in the top four African countries receiving foreign direct investment (FDI), after Angola, Nigeria and South Africa, according to a report by the United Nations Conference For Trade and Investment (UNCTAD).

In a statement by the UNCTAD for June, which was obtained by MENA, the report said that the volume of FDA reached 8.1 billion dollars during 2016, representing 14% out of total investments coming from the African Continent which reached 59 billion dollars.

The report said that the flow of FDI in Egypt increased by 17% in 2016 if compared to the same period last year.
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