Theresa May pledges to overtake USA as leading G7 Africa investor

theresa may pledges to overtake usa as leading g africa investor
Theresa May pledges to overtake USA as leading G7 Africa investor
The UK is going to become the G7’s number one investor in Africa by 2022. But how far off is the UK actually?
As the British Prime Minister visits three of the fastest growing economies on the African continent – South Africa, Nigeria and Kenya, she faces a tussle back home over potential a ‘No-Deal Brexit’.

Maybe it’s no wonder that May would be keen to re-establish ties to nations Britain once ruled over. The British Prime Minister has tried to get the ball rolling by offering up over 4 billion Euros worth of investments.

Dr Phil Clark from the School of Oriental and African Studies in London says that although the number may be high – with a US already tightening its purse strings on foreign spending – Theresa May’s announcement to bring UK spending higher than the States is nothing new.

Read on EuroNews

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com