The UK Invests More in Africa Than Either the U.S. or China

British Prime Minister Boris Johnson was among the featured guests at Wednesday’s online Africa Investment Conference organized by the UK Department for International Trade. The conference was a follow-up to last year’s UK-Africa Investment Summit that took place in London.

One of the key points that both speakers and organizers mentioned repeatedly during the conference was how UK investment stock in 2019 outpaced both the U.S. and China. 

UK FDI in Africa increased by 10% in 2019 while both Chinese and U.S. investment on the continent fell by 3-4% that year, according to Dirk Willem te Velde from the Overseas Development Institute.

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The post The UK Invests More in Africa Than Either the U.S. or China appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/01/21/the-uk-invests-more-in-africa-than-either-the-u-s-or-china/?utm_source=rss&utm_medium=rss&utm_campaign=the-uk-invests-more-in-africa-than-either-the-u-s-or-china

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