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.

Source:

National Bureau of Statistics

Period:

H1 2024
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Côte d'Ivoire’s FDI sees dramatic turn in 2024, jumping to $3.8B, over two times 2022 levels and its highest since 1990
  • Côte d'Ivoire attracted $3.80 billion in FDI in 2024, its highest annual inflow ever recorded, more than double 2022’s $1.6 billion.
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Ethiopia’s FDI inflows rose from $10M in the 1990s to $3.98B in 2024, with its sharpest growth phase recorded from 2014–2016
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  • Its annual FDI inflows surged from just $10 million in 1990 to $3.98 billion in 2024, reflecting massive investor interest over time.
  • The country experienced three major FDI booms in 1997–2004, 2011–2014, and 2015–2016, driven by policy reforms and industrial expansion.
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Morocco hit its $3.5B FDI peak twice, in 2014 and 2018
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  • The lowest FDI inflow Morocco recorded was in 1990, amounting to $0.17 billion.
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South Africa witnessed a record FDI inflow spike in 2021 with $40.22b, followed by a sharp decline in 2022
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DR Congo’s FDI inflows rose from near-zero in the 1990s to $3.11B in 2024, with its highest growth phase occurring between 2007 and 2012
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Algeria’s FDI peaked at $2.75B in 2009, plunged to a -$580M outflow in 2015, then jumped 476% from $250M in 2022 to $1.44B in 2024.
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