Taiwanese electronics manufacturer Quanta Computer will invest $1bn in the Mexican state of Nuevo Léon, the governor announced on May 23. AdvertisementGreenfield FDI reached record highs last year in Nuevo Leon, according to fDi Markets, both in terms of the number of projects tracked and the total capital invested. Apple’s investment will allow Broadcom to continue to invest in critical automation projects and upskill technicians and engineers. Africa Investment Forum presents green projects worth $1.5bnAdvertisementThe Africa Investment Forum presented four renewable energy and sustainability projects worth a total of nearly $1.5bn to investors at the African Development Bank (AfDB)’s 2023 annual meetings, according to an ADB release on May 23. The Africa Investment Forum’s current project pipeline comprises 90 deals valued at $62.9bn.

Source: The North Africa Journal May 24, 2023 16:38 UTC