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UN officials urge greater investment to boost Africa's development prospects

UN officials urge greater investment to boost Africa's development prospects

New York, July 18 (IBNS) United Nations officials on Thursday stressed the need to harness the necessary resources to take Africa’s progress to the next level, calling for increased investment to boost the continent’s development prospects.

UN reports FDI hit $1.4 trillion in 2013, upward trend to continue

UN reports FDI hit $1.4 trillion in 2013, upward trend to continue

New York, June 24 (IBNS): Global foreign direct investment is up and expected to rise over the next three years, driven mainly by stronger economies in developed countries, according to a new United Nations report which highlights the key role that transnational corporations and foreign investment could play in accelerating progress on sustainable development.