FDI - Page 2 - Intelpoint

95% of Kenya’s $27.5 billion in FDI came after 2007, with inflows peaking at $2.23 billion in 2011

Kenya recorded $27.5B total FDI between 1990 and 2024, with most inflows occurring after 2007.
From 1990 to 2006, Kenya averaged just $0.04B annually, a sign of limited foreign investor confidence in early years.
A major turnaround began in 2007, with FDI jumping from $0.05B to $0.90B, and peaking at $2.23B in 2011.
Between 2007 and 2024, Kenya received over 92% of its total FDI, a sharp shift in its investment profile.
FDI has stayed above $1B annually since 2009, signalling consistent investor interest in Kenya’s growing economy.

Rwanda’s FDI has never crossed $1B in any year, peaking at $820M in 2024, with a 35-year total of $6.28B

Rwanda attracted a total of $6.28 billion in foreign direct investment (FDI) over 35 years, from 1990 to 2024.
The highest annual inflow recorded was $820 million in 2024, making it the country’s strongest FDI year yet.
Between 2020 and 2024, Rwanda pulled in $2.70 billion, accounting for over 40 percent of its total investment since 1990.
From 1990 to 2004, annual FDI barely exceeded $100 million, with several years recording zero inflows.
Even during its best-performing years, Rwanda’s FDI never hit the $1 billion threshold.

Egypt, South Africa, and Nigeria lead Africa’s $1.21 trillion cumulative FDI inflows since 1990, with $195B, $151B, and $111B respectively

Egypt leads with $195.2 billion in cumulative FDI inflows as of 2024.
South Africa follows with $151.0 billion, and Nigeria is third with $110.7 billion.
Only these three countries have crossed the $100 billion mark over the 34-year span.
Morocco and Mozambique are neck-and-neck, with around $58–59 billion each.
Ghana and Ethiopia show strong mid-tier performances, both near or above $45 billion.
DR Congo, Algeria, and Congo round out the top 10 — all with over $30 billion in long-term FDI.

After peaking at $3.88B in 2019, Ghana’s FDI fell to $1.31B in 2023, a 66% drop in four years

FDI inflows surged from just $0.01 billion in 1990 to a record $3.88 billion in 2019, marking a 388x increase over 30 years.
Between 2006 and 2019, Ghana consistently attracted over $1 billion annually, with nine of those years surpassing $3 billion.
The highest FDI year on record was 2019, likely reflecting peak investor confidence before the pandemic.
Since 2021, FDI has remained below $2 billion, with 2023 recording $1.31 billion and 2024 only slightly higher at $1.67 billion.
Ghana’s FDI trend reflects a pattern of post-2000 acceleration, plateauing around 2012–2015, then declining sharply post-2020.

Egypt accounted for nearly half of Africa’s $97 billion FDI inflow in 2024

Africa attracted $97 billion in FDI in 2024 — nearly double the 2023 level — marking a record year for the continent.
Egypt alone accounted for nearly 50% of total African inflows, driven by a $35 billion Ras El-Hekma megaproject and sweeping reforms.
Major gainers included Zambia (+1340%), Guinea (+105%), and Mauritania (+74%), showing momentum beyond usual hotspots.
Nigeria’s FDI dropped 42%, while South Africa (–29%) and Senegal (–58%) also saw steep declines.

Egypt’s $47 billion FDI haul puts it ahead of major economies in 2024

Global FDI rose to $1.51 trillion, still below its 2015 peak.
The top 10 countries accounted for 65% of total inflows.
Egypt ranked 8th globally with $46.6 billion, ahead of UAE and Mexico.
A $35 billion Ras El-Hekma deal drove much of Egypt’s surge.
Egypt’s FDI grew over 370%, the fastest among top recipients.

Nigeria saw a record $390 million in Chinese FDI in 2007

Nigeria recorded its highest-ever Chinese FDI inflow of $390.4 million in 2007
The second-highest inflow of $333.1 million was recorded in 2012
FDI from China to Nigeria fluctuated significantly over the years, with major peaks in 2007, 2012, and 2020
2022 saw a decline in Chinese FDI to Nigeria, falling to $119.6 million from $308.9 million in 2020

Construction and mining have attracted the largest share of FDI from China to Africa

Construction and mining dominate Chinese FDI in Africa, accounting for nearly 60% of the total investments
Financial intermediation, manufacturing, and commercial services also received $10.96 billion combined, smaller than construction alone
Leasing and commercial services attracted $2.16 billion, the least among all sectors
China’s FDI strategy in Africa continues to emphasise resource extraction and infrastructure, reinforcing economic interdependence

Nigeria's FDI made up only 2.5% of the country's capital imports in H1 2024

In H1 2024, Nigeria's FDI accounted for just 2.5% of the country's $5.98 billion total capital imports, down from 14% in H2 2023 and 6.2% in H1 2023. This highlights a shift towards other capital inflows like portfolio investments. Portfolio investments rose significantly to $3.48 billion, rebounding from $397 million in H2 2023 and $756 million in H1 2023.

Nigeria's FDI hasn't reached $200 million in any quarter Since 2022

Nigeria's FDI has dropped significantly. From an average of $417m per quarter (2013-2015) to less than $100m (Q1 2022 - Q2 2024), it hit its lowest ($29.8m) in Q2 2024. The trend shows declines since 2013, with key fluctuations and a shift in investment priorities.

2013-2015: FDI was mostly above $200 million per quarter, peaking at $769 million in Q4 2014.
2016-2021: FDI mostly stayed under $400 million, with a $531 million spike in Q3 2018.
2022-2024: FDI hit new lows, bottoming out at $48 million in Q1 2023 and falling even further to $29.8 million in Q2 2024 — the lowest in 46 quarters.

Previous 1 2 3 Next