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GCC states looking to invest more in Africa as trade flows grow - ArabianBusiness.com

Initially, Gulf investments in Africa were largely agricultural but that is changing.
Initially, Gulf investments in Africa were largely agricultural but that is changing.
Gulf Co-operation Council (GCC) countries are placing more attention on new markets in east, west and southern Africa as their trade flows with the continent expand, according to a new report.
The study released by the Economist Intelligence Unit (EIU) in conjunction with Falcon and Associates explores the GCC’s economic ties with each world region and identifies major growth drivers.
Key findings show the GCC’s push into Africa is broadening by sector and geographical location.
From telecommunications and private equity in West Africa to energy projects in South Africa and Mozambique, investment flows are diversifying, the report said More >>