SOUTH Africa was the best performing country in terms of foreign direct investment projects in Africa last year, says the ft.com’s foreign direct investment (fDi) Intelligence report.
The report released this morning (14 May 2012) said the number of FDI projects in the Middle Eastand Africa grew by 16% in 2011. It placed South African companies in the second spot as the most active in investing overseas.
However, SA was a leading country in the continent for job creation with a 57% increase in project numbers, 87% growth in capital investment, and a 28% rise in jobs created.
