Africa's share of foreign global direct investment largest in 2011

London, 4 May – (ANA) - Africa received its largest ever share of global foreign direct investment (FDI) last year, a survey by global accounting firm Ernst and Young has said. FDI projects grew by 27% in 2011, pushing Africa's share of the world's investment to almost a quarter. FDI inflows, now about $80bn (£50bn), should reach $150bn by 2015, according to the global consultants. But potential investors still see Africa as "the least attractive" destination, the report finds. (ANA)

FA/ANA/4 May 2012-------