UN to Launch New Tool to Monitor and Map Investment in Africa

The United Nations and the African Union today launched a new tool, designed in partnership with the Microsoft Corporation, to help map investment flows on the continent and provide business leaders the information they need to make sound decisions.

The Internet-based Investment Monitoring Platform will “provide data and information on the characteristics of foreign and domestic investors, as well as their motivations, actions, perceptions, intentions, and impact,” according to a news release issued by the UN Industrial Development Organization (UNIDO).

–AfricanLoft

There’s no information on how UNIDO plans to account for the fact that information will be entirely self-reported through bi-annual surveys, however, it’s a much needed initiative that should bring much needed transparency to investment environments throughout the continent.