FDICI highlighted investments in South Africa by UK-based BP and Google’s solar power project investment in the country’s Northern Cape as “signals of a positive trend” for the country.

According to FDICI, which charts forward-looking investment sentiment, nearly four out of five respondents “are more optimistic about the global economy than they were a year ago”.

The FDI flow figures are based on the latest statistics available from the UN Conference on Trade and Development (UNCTAD). Other secondary sources include investment promotion agencies, central banks, ministries of finance and trade, and major periodicals.

Available: http://www.out-law.com/en/articles/2014/july/south-africa-among-top-destinations-for-foreign-investment/