Africa sees rise in foreign investmentBase Titanium Limited - Kwale Sands Mine. The Southern Africa region performed the best, taking in FDI of nearly Sh420 billion ($4.2 billion), up from - Sh92.5 billion ($925 million) in 2017. SEE ALSO :Nissan to invest Sh21b to build new Navara model in SAForeign investment in South Africa more than doubled to Sh530 billion ($5.3 billion). Kenya, Uganda and Tanzania all saw increases in FDI inflows. The creation of the US International Development Finance Corporation could help support FDI inflows this year.

Source: Standard Digital June 17, 2019 21:00 UTC