South Africa’s government said it will relax restrictions on companies doing business in the rest of Africa to encourage trade and investment with a region that’s expected to grow more than 6 percent this year. Bloomberg
Shifting Capital Flows
Nigeria Sees Investment of More Than $80 Billion Over Five Years
Nigeria expects more than $80 billion in investment in the next five years to spur the West African nation’s industrial development, Trade and Investment Minister Olusegun Aganga said. China Power International Development Ltd., Siemens AG and General Electric Co. and Brazil’s Centrais Eletricas Brasileiras SA have pledged investments worth “over $50 billion alone” in the country’s […]