The Jakarta Post
Do you know which African country has more foreign exchange reserves than Indonesia? Do you know which country was Indonesia’s biggest foreign investor in 2008?The answer to the first question is Algeria, which currently holds US$149 billion in foreign exchange reserves. The oil-rich North-African country’s reserves exceeds the $72 billion held by Indonesia, Southeast Asia’s largest economy.In 2008, many people were surprised to hear that the Indonesia’s biggest foreign investor was
Mauritius. The tiny country invested $6.47 billion in Indonesia — more than global giants such the US, Japan, China or Germany. Total foreign direct investment in Indonesia in 2008 reached $14.87 billion. In 2009, four African countries — Seychelles, Mauritius, Liberia and Mali — invested almost half billion dollars in Indonesia.Despite these amazing facts about Africa, awareness of the worl...