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. 🤦‍♂️

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