Speaking at a conference in Mozambique, managing director of the International Monetary Fund, Christine Lagarde, praised sub-Saharan Africa economic performance but warned of several pitfalls that fast-growing economies must avoid.

The newly elected Indian government has a lot of work to do if it is to restore investor confidence in India, Indian professional services firm SKP Group said in a recent report.

Carefully timed arbitration notices from several foreign companies in India send strong signals to the new government that they need to reform the country's business landscape.

At the Latin American Trade and Investment Association conference in May, Paraguay's Ministry for Industry announced plans to invest more than $15bn in modernising and diversifying the country's economy.

More than $1000bn-worth of infrastructure projects are planned in Latin America in the next few years, according to speakers at the Fourth Latin American Investment Forum.

The ongoing unrest has not deterred investors from Ukraine, with the country continuing to attract foreign capital.

The Polish Ministry of Environment has released a draft of the renewable energy sources act that it is hoped will be passed into law later this year.

Experts believe that the surprise result in Panama's May presidential election will not harm the country's investment attractiveness, which has gone from strength to strength in recent years under the leadership of outgoing president Ricardo Martinelli.

The Russian export market witnessed a decline in April, according to macroeconomic data provider MNI Indicators.

A recent survey by UK-based business lobbying organisation CBI shows optimism among the country's manufacturers to be at a four-decade high.