(Credit: Jeenah Moon/IMF Photo) February 20, 2025/IMFBlog By Topias Leino and Maja Gavrilovic Global foreign direct investment grew again in 2023 after declining the previous year. Inward direct investment climbed $1.75 trillion, or 4.4 percent, reaching a record $41 trillion, according to the IMF’s latest Coordinated Direct Investment Survey, which provides […]
Author: InvestAdvocate
Composite PMI Expands for the Second Consecutive Month
February 20, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released the Purchasing Managers’ Index (PMI) survey for January 2025, covering three key sectors: Industry, Services, and Agriculture. The January 2025 composite PMI score stood at 50.2 points, indicating an expansion in economic activities for the second consecutive month […]
Hilton Continues African Expansion with Dual Signing in Ethiopia
Expected to open in 2028, the DoubleTree by Hilton properties will mark the first internationally branded hotels in Adama and Dire Dawa February 20, 2025/Edelman Africa Hilton (NYSE: HLT) today announced the signing of an agreement with Brighton Hotels and Business Plc. to open two properties in Ethiopia – DoubleTree […]
