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UNCTAD: Africa Saw A Major Leap In Greenfield Project Announcements in 2022

The total number of greenfield announcements last year was 766.


By Liz Bains
The value of greenfield project announcements in Africa almost quadrupled last year to reach a record US$195 billion, according to UNCTAD’s 2023 World Investment Report, published in July. This compares with US$52 billion in 2021. The total number of greenfield projects announced last year was 766. The most active sectors for greenfield

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