The UN and the African Union recently launched an investment monitoring platform to help map investment flows on the continent and provide business information to investors.
According to the UN Industrial Development Organization, the platform will” provide data and information on the characteristics of foreign and domestic investors, as well as their motivations, actions, perceptions, intentions, and impact.”
UNIDO Director-General, Kandeh K. Yumkella, is quoted saying, “The Monitoring Platform will bring a new level of transparency to the investment and business landscape in Africa. It will allow country ranking through investor evaluation and performance. It will also enable investors to conduct analysis and make more informed decisions, better assess business risks, and identify potential counterparts. ”