Africa attracted foreign direct investment in new high

United Nations Conference on Trade announced on the 24th annual World Investment Report said that in 2007 the African countries to absorb foreign direct investment reached 53,000,000,000 U.S. dollars, again a historical record. The report notes that African countries over the past two years, foreign direct investment rate of return the highest in developing regions of Africa to absorb investment and increase the return on investment is mainly due to rising global commodity prices and African countries to improve the investment environment. The report said that last year the North African countries to absorb foreign direct investment in Africa, 42% in sub-Saharan African countries absorbed 58 percent. However, African countries, foreign capital flowing into the state of imbalance still exists, the largest foreign investment in 10 African countries, Africa accounts for the inflow of foreign capital for more than 82% of the total. While the African countries to absorb foreign investment last year reached a new record high, but African absorption of foreign direct investment in the global foreign direct investment in the proportion of the total is still very low, around 3%