The latest World Investment Report 2020 by the United Nations Conference on Trade and Development indicate that FDIs in East Africa declined by 9 per cent to $7.8 billion in 2019 from $9 billion in 2018. There could be a sharp decline in FDIs this year as the COVID-19 pandemic continues to ravage economies across the globe. Oscar Emasu, Research Analyst at Crested Capital joins CNBC Africa for more.
How the COVID-19 is impacting foreign direct investment into East Africa
PUBLISHED: Fri, 24 Jul 2020 10:42:03 GMT