Nigeria’s FDI inflows rose to 4th in Africa after a 148% increase, while Egypt remained the continent’s top destination

Key Takeaways

Egypt remained Africa’s top FDI destination with $15.45bn.
Nigeria ranked 4th after FDI inflows rose 148% to $4.01bn.
Guinea had the biggest top-10 jump, rising 454% to $7.76bn.
Africa’s top 10 accounted for 73% of total FDI inflows.

Nigeria’s FDI inflows rose sharply in a year when Africa’s total was pulled down by Egypt’s decline.

Nigeria attracted $4.01 billion in foreign direct investment inflows in 2025, up from a revised $1.61 billion in 2024. That 148% increase pushed the country to 4th place in Africa, behind Egypt, Guinea and Mozambique.

Egypt remained the continent’s top FDI destination with $15.45 billion, despite a sharp fall from the previous year. Guinea followed with $7.76 billion, while Mozambique attracted $5.69 billion.

Africa’s total FDI inflows stood at $69.5 billion in 2025, down 26% from 2024, but the top 10 shows a mixed picture: Egypt declined, while Guinea, Nigeria, Morocco, Mozambique and Kenya recorded strong increases.

Source:

UN Trade and Development (UNCTAD)

Period:

2025
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