Nigeria attracted $10.2bn fresh investment in 2019 – Report

The report released on Thursday described a greenfield investment as a type of foreign direct investment where a parent company creates a subsidiary in a different country, building its operations from the ground up.

He said, “FDI into renewable energy reached new highs in 2019, with total pledged investment estimated at $92.2bn, second only to that of oil and gas at $123bn. In Africa, the investment market report stated that FDI by number of projects grew 49 per cent to 998, compared with a 12 per cent increase between 2017 and 2018.

“Egypt replaced South Africa as the second ranked destination by projects in the region, experiencing a 60 per cent increase from 85 to 136 projects.

LocusBendi

We are tired of hearing...let us see with our eyes. audio investments.

Nothing happening rn shows we are on the right part with these investments made. 🤦‍♂️

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airlines, tourism operators seek $10b relief to save industry“The sector and the millions of livelihoods it supports across the world, including vulnerable communities are particularly exposed.” Airline Tourisim Coronavirus For your spare automobile parts on Mercedes Benz and upgrade /conversion of any kind contact : Soamy on watsapp 0907 175 4306 /08136687336.
Source: GuardianNigeria - 🏆 1. / 94 Read more »