Global FDI decrease to $1.3 trillion in 2023, Africa’s share just $53 billion

Africa and Nigeria saw mixed outcomes in 2023 amid a slight global decline in foreign direct investment (FDI).

Africa’s FDI inflows dropped by 3% to $53 billion, while Nigeria and other African countries experienced a varied landscape of investment activities.

These is according to the World Investment Report 2024 prepared by a team at the United Nations Conference on Trade and Development (UNCTAD).

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