HC Deb 26 July 1965 vol 717 cc43-4W
Mr. Wall

asked the President of the Board of Trade (1) what is the estimated total British investment in each British protectorate or colony in Africa, together with the estimated value of imports and exports to and from Great Britain and each British territory;

(2) what is the estimated total British investment in each Commonwealth country in Africa, together with the estimated value of imports and exports to and from Great Britain and each Commonwealth country;

(3) what is the estimated total British investment in South Africa, Mozambique and Angola, respectively, together with the estimated value of imports and exports to and from Great Britain and each of these three territories.

Mr. Redhead

Those figures which are available in respect of British investment in the countries mentioned are set out below. The value of trade with these countries in any period can be obtained from Account IV of the Overseas Trade Accounts or Trade and Navigation Accounts.

Estimates are available only for the book value at the end of 1962 of private direct investments of companies engaged in industries other than oil, insurance and banking. It is not possible to give figures for all the countries for which information is requested, since to do so would reveal confidential information about individual firms.

Book value of British private direct investments at end-1962 (excluding oil, insurance and banking)
£ million
South Africa 269
Mozambique Nil
Sierra Leone 16
Ghana 54
Nigeria 79
Rhodesia, Zambia and Malawi 108
Tanzania 2
Kenya 20
Uganda, and investment in Commonwealth countries in East Africa not allocated to particular countries 30
Other Commonwealth countries in Africa 1