Ethiopia FDI [Business Africa]

Ethiopia is leading the rest of the sub-region as the largest recipient of Foreign Direct Investments (FDI) in 2019. A new report by the Financial consulting from EY, states that East Africa’s most populous nation, attracted FDI worth $ 7billion. Kenya and Tanzania follow closely with $2 and $1 billion respectively. However, the report failed to produce figures for Uganda and that of neighboring Rwanda.