Malaysia, not China, is Asia's top investor in Africa

GENEVA: Malaysia is ahead of China in terms of the size of its direct foreign investment (FDI) into Africa and the gap is widening, according to United Nations data published on Monday.

A survey of foreign investment into and out of the five BRICS countries, published on the eve of their summit in South Africa and while new Chinese President Xi Jinping visits the continent, revealed that China's march into Africa has lagged behind the flow of cash from Kuala Lumpur.