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By Diana Layfield For at least the last decade, Africa has been widely proclaimed as a sleeping giant; a continent of huge economic potential. We heard numerous voices at the United Nations General Assembly in New York a few weeks back echo the sentiment. Yet the message does not appear to be attractive to those global investors who could really move the dial on Africa’s economic future. Despite the cheerleading for Africa, foreign direct investment (FDI) into the continent actually fell by three per cent to $53bn in 2023, according to the latest World Investment Report. As a development finan…

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