Day Eight: Growing investment in Africa

I thought I'd look at Africa specifically today, to see if I could find some really good news across the continent. I found some pretty rapidly! A new UNCTAD report says that Foreign Direct Investment (FDI) in Africa doubled between 2004 and 2006. This is good news for growth and potentially for openness in society. Whether the benefits will be shared equitably within societies remains to be seen, of course. As for global equity? Well, Africa's share of global FDI was less than 3% in 2006 - there's a way to go...