RISING AND WANING STARS
The most recent Africa Attractiveness Survey showed a strong resurgence of FDI into North Africa since the Arab Spring in 2011 with Morocco and Egypt as the biggest winners.
On the other hand there has been a decline of FDI in the “hub economies” of Nigeria, Ghana, Kenya, Angola and South Africa, although the latter is still the top destination for foreign investment with 121 FDI projects.
As for the rest of Sub-Saharan Africa, investment inflows into Mozambique and Ethiopia have been on the up in the past year. With its rich natural gas deposits Mozambique has become the fifth-largest recipient of FDI projects in Africa, notably from Portugal and Belgium.
Another r ising star is Ethiopia, which is currently Africa’s fastestgrowing economy and has the continent’s second-largest population. The country