Oil reserves discovered in Uganda have the potential to transform the economic status of one of the world's least developed countries. But ongoing political friction in the country and indecision over the laws pertaining to the extraction of the oil are causing concerns about just how beneficial the money from these reserves will be to the country as a whole.

With its low-tax, business-first model, Texas has posted jobs numbers that are the envy of the US and solidified its position as an FDI star. Michal Kaczmarski investigates what is behind the Texan swagger.

Figures from 2011 show that Brazil is by far the most attractive location for inward FDI in the Latin America and Caribbean, but with Argentina recording the largest growth in the year, it is facing increasingly tough competition.

In a more competitive climate than ever, with total foreign direct investment in Europe falling by more than 7% in 2011, London has maintained its title as fDi Magazine’s European City of the Future 2012/13. The Greater Stockholm region has overtaken the South East UK to become the European Region of the Future. 

Singapore has retained its position at the top of fDi 's Asia-Pacific Cities of the Future ranking, ahead of Shanghai and Seoul. Chinese cities performed particularly well, but the effects of recession and natural disaster have seen Tokyo fall from second place to ninth. Rachel Craig reports.

South Africa has been knocked off the top spot this year with Morocco awarded the African Country of the Future 2011/12. Jacqueline Walls reports on the leading performers across the African Continent.