Foreign investment 'fails Africa'

The BBC reports that Foreign investment is failing to yield the expected benefits. "...The expectation for foreign direct investment to create growth, to create diversification, technology spillover and jobs has not really been fully realised according to expectations,"UNCTAD said.
The organisation pointed to the example of South Africa and Botswana, which encourage companies to do more of the 'value-adding' processing of diamonds domestically, rather than sending them abroad..."