Foreign direct investment flows to Africa increased nearly 7 percent to an estimated $56 billion last year, nearly a fifth of which went to top recipient South Africa, a United Nations report said on Tuesday. Africa, along with Latin America and the Caribbean, helped drive FDI inflows to developing economies […]
Tag: Caribbean
EC, IMF Contributes €20 Million to RTACs in ACP Regions
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The European Commission (EC) and the International Monetary Fund (IMF) Friday said they have signed €20 million contribution to the Regional Technical Assistance Centers in Africa, Caribbean and Pacific Regions. According to Nemat Shafik, Deputy Managing Director (DMD) at the IMF, on October […]
Okonjo-Iweala to Chair Meeting of Commonwealth Finance Ministers in Washington DC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Ngozi Okonjo-Iweala, Nigeria’s Finance Minister will chair the forthcoming meeting of the Commonwealth Finance Ministers in Washington D.C during the annual meetings of the International Monetary Fund (IMF) and World Bank. This is contained in a Statement from Julius Mucunguzi Acting Communications Adviser […]