States’ foreign direct investment in five numbers

In Africa’s biggest economy, states are finding out that attracting Foreign Direct Investment (FDI) won’t be a smooth ride in a post-pandemic world or Russia/Ukraine war era where access to private capital is keenly contested.

Although Nigeria boasts of a flourishing tech scene owing to its youthful 206 million population, the country’s perpetual lack of structural reforms means deep-pocket foreign investors are pressing pause on Nigeria’s huge potential and abundant natural resources.

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