Third edition of Africa Singapore Business Forum sets the stage for stronger trade and investment flows between both markets JOHANNESBURG, South-Africa, June 4, 2014/ — 1. Singapore has emerged the largest investor in Africa among the ASEAN countries, according to the latest United Nations’ World Investment Report 2013. Located strategically in the heart of Southeast Asia, Singapore’s economic ties with Africa have been on the rise. As of end 2012, Singapore’s investments into Africa saw a compound annual growth rate (CAGR) of 11.2% over the previous five years, reaching US$15.9 billion(1). Singapore-Africa trade has also increased, reaching US$11.1 billion in 2013, achieving…
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