UNCTAD: Global FDI to fall below $1trn first time since 2005
24 June 2020 | 3:31 pm
Global Foreign Direct Investment flows will decline by up to 40 per cent in 2020, from their 2019 value of $1.54 trillion, meaning that for the first time since 2005 global FDI will fall below 1 trillion dollars. This is contained in a recent report by the United Nations Conference on Trade and Development. The report also projects a further 5 to 10 per cent decrease in global FDI in 2021. Niyi Falade, CEO of Crusader Sterling Pensions joins CNBC Africa for more.