The US has disbursed $10 billion in foreign assistance to Nigeria in the past 22 fiscal years

The US has disbursed $10b in foreign assistance to Nigeria in the past 22 years, with its highest in the period coming in 2022. The disbursements have increased from $51m in 2001 to $973m in 2022. Here are the US' foreign assistance disbursements to Nigeria since 2001.
Source:
ForeignAssistance.gov
Period:
2001 - 2022
HTML code to embed chart
Tags
Related Insights

1 in every 11 millionaires in Africa lived in Johannesburg, South Africa, in 2023
As of December 2023, Johannesburg had the highest number of millionaires (12,300) in Africa; Cape Town followed with 7,400 millionaires. South Africa dominated the list, with its cities and regions claiming top spots.

South Africa boasted over a quarter of Africa's millionaires in 2023
Per Africa Wealth Report 2024, South Africa maintained its position as the country with the most millionaires in Africa in 2023. The country has 2.4x the number of millionaires as Egypt and 4.6x the figure of Nigeria.

Total private wealth held by individuals in Africa from 2010 to 2020
According to the AfrAsia Bank Africa Wealth Report 2021, the total private wealth —  assets held by individuals — in Africa as of December 2020 had decreased by approximately 9% from 2019. Here is the total private wealth held by individuals in Africa from 2010 to 2020.

Top African countries by individuals' private wealth as of December 2020
South Africans held more private wealth than people in Egypt, Nigeria, and Morocco combined. Africa's most populous country and home to the continent's richest man, Nigeria, ranked third after Egypt. Here are the top African countries by private wealth held as of December 2020.

Angola has received 27% of all Chinese loans to African countries since 2000
Data from the Boston University Global Development Policy Center shows that Chinese creditors have loaned African countries $167 billion since 2000, with Angola receiving 27% ($45 billion) of the amount. Ethiopia, Kenya, Zambia, and Egypt complete the top five.

Nigeria has repaid $12.56 billion of its external debt in 15 years
Nigeria repaid an average of $368m in external debt every year between 2008 and 2017. In 2018, the payments increased by 217% to $1.47b from $464m in 2017, then dropped by 9.4% in 2019, and has since been on the rise. Here are Nigeria's external debt repayments since 2008.

POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved