South-South FDI has emerged

In BeyondBrics:

Last year emerging economies made up 21 per cent of fresh foreign direct investment (FDI) and that was up from 17 per cent in 2000.The idea that the BRICS are redrawing the economic landscape of the world’s poorest continent, as well as the rest of the planet, comes through in a report from economists at Standard Bank.“South-South FDI has emerged,” is how they put it, and that’s helped advance Africa’s integration into the global economy.