The year 2021 could only be a short “happy” parenthesis between two crises.
While foreign direct investment (FDI) picked up well last year after the slump in 2020, according to data released on Thursday by the United Nations Conference on Trade and Development (Unctad), the outlook is brighter. dark for 2022 in a very uncertain economic context.
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FDI reached $1.582 trillion worldwide last year, up 64%, returning to pre-pandemic levels.
"The rebound is mainly due to mergers and acquisitions by multinationals, which have recorded record profits, and to the financing of international projects",
underlines Alexandre Dabbou, economist at Cnuced.
The largest transaction concerned the takeover of the American biotechnology group Alexion Pharmaceuticals by the British AstraZeneca for 39 billion dollars.
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Moreover, the upturn in FDI recorded in Africa is somewhat biased by a…
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