Feedback

News & Events

Our blog is where you'll find all our project updates, highlights and achievements, as well as other news and events related to iMENTORS

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that has been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
Posted by on in Related News
  • Font size: Larger Smaller
  • Hits: 1509
  • Print

African Business Monitor 2013

According to an article published on The African Business Review, total external financial flows to Africa reached a new record high in 2012, totalling USD 182 billion, driven by FDI and remittances. there have been two major trends: Remittances overtook aid and FDI for the first time and became the largest external financial flow to Africa; second, Africa’s increasingly integrated with emerging economies.

Not only through trade, but increasingly so through investment flows, which are gradually diversifying. However, there’s a strong heterogeneity in the relative importance of different financial flows to individual African countries, with still half the African countries relying largely on aid.

The forthcoming African Economic Outlook highlights the growing importance of investment, official development aid and remittances to a continent on the move. External financial flows into Africa hit a record in 2012 and are expected to top 200 billion dollars in 2013. It puts the spotlight on emerging financial trends that Africa can take advantage of and the risks they face.

Read more on The Africa Business Review

Tagged in: Africa business
Rate this blog entry:
0
EuropeLogo eInfastructure This project has received funding from the European Union's Seventh Framework Programme for research, technological development and demonstration under grant agreement no 313203
Copyright © 2014 iMENTORS. All rights reserved.
evden eve nakliyat