Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%) over 2022, according to the United Nations Conference on Trade (UNCTAD) FDI report released today. International investment project announcements, including greenfield (mainly industry), project finance (mainly infrastructure) and cross-border merger and acquisitions (M&As), were mostly in negative territory. Key trends among top FDI recipient economies– In developed regions, international investment project announcements were down across the board. However, project finance deals fell by one third, more than the global average decline, weakening prospects for infrastructure finance flows. While greenfield project numbers held steady, international project finance plummeted, with 40% fewer deals than in 2022.

Source: News Business Ethiopia January 17, 2024 20:33 UTC