Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion - Politics

Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion (10032 Views)

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Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by BlackViper(op): 9:22pm On Jul 01, 2025

Egypt Attracts $46.6bn FDI in 2024 — Nigeria Records $1.08bn, Ranked 19th in Africa

1. Egypt: $46.58bn
2. Ethiopia: $3.98bn
3. Côte d'Ivoire: $3.80bn
4. Mozambique: $3.55bn
5. Uganda: $3.30bn
6. Congo, Democratic Republic of: $3.11bn
7. South Africa: $2.47bn
8. Namibia: $2.06bn
9. Senegal: $2.02bn
10. Guinea: $1.83bn
11. Tanzania: $1.72bn
12. Ghana: $1.67bn
13. Morocco: $1.64bn
14. Mauritania: $1.53bn
15. Kenya: $1.50bn
16. Algeria: $1.44bn
17. Zambia: $1.24bn
18. Gabon: $1.14bn
19. #Nigeria: $1.08bn
20. Chad: $1.02bn
21. Tunisia: $936.5m
22. Cameroon: $925.3m
23. Rwanda: $819.0m
24. Somalia: $765.0m
25. Liberia: $746.8m
26. Mali: $708.6m
27. Mauritius: $681.3m
28. Congo: $603.6m
29. Zimbabwe: $596.7m
30. Benin: $543.0m
31. Niger: $526.5m
32. Botswana: $467.4m
33. Madagascar: $413.3m
34. Seychelles: $298.6m
35. Sierra Leone: $274.0m
36. Gambia: $232.4m
37. Malawi: $220.4m
38. Equatorial Guinea: $188.0m
39. Eswatini: $92.6m
40. Togo: $83.8m
41. South Sudan: $83.4m
42. Burkina Faso: $82.9m
43. Djibouti: $67.8m
44. Cabo Verde: $63.8m
45. Central African Republic: $40.4m
46. Burundi: $31.7m
47. Guinea-Bissau: $26.6m
48. São Tomé and Príncipe: $21.9m
49. Comoros: $7.1m
50. Eritrea: -$27.9m
51. Lesotho: -$42.2m
52. Angola: -$136.4m

Note: Libya, Sudan, Réunion, and Mayotte recorded zero net foreign investment in 2024 — no inflows or outflows were reported.

<UNCTAD>

#TheCableIndex

https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19

4 Likes 1 Share

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Rexymania(m): 9:24pm On Jul 01, 2025

What good is this statistics to us? Show to the people in government

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Giovanni93: 9:40pm On Jul 01, 2025

He’s traveling to bring investors to the country. We need you people to come and defend this statistic please 😂

76 Likes 3 Shares

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by id4sho(m): 9:40pm On Jul 01, 2025

Na statistics we go chop in BAT Tulumbú voice. Ire o

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Arostar2023: 9:41pm On Jul 01, 2025*

Even DRC got more foreign direct investments than Nigeria? Unless you are a mafia, or have no qualms with illegalities (example Chinese companies), investing millions of dollars in Nigeria can be gut wrenching. You stand to make huge profits oO, but...

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by bionixs: 9:41pm On Jul 01, 2025

Don't ask Nairaland members for contact details (email, phone, bbpin) or investments.
Message:

1 Like 1 Share

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by APOPTOSIS: 9:42pm On Jul 01, 2025

id4sho:
Na statistics we go chop in BAT Tulumbú voice. Ire o

😂😂😂 That's how we know the Giant of Africa (Investment)
Finally, we are chopping statistics...
IF Nigerians in diaspora can't invest in their country massively....na Foreigners go troop in do am? It says a lot. Until we start having leaders we can idolize and want to be like, we are making no headway. In some countries, some leaders are worshipped by citizens..even after long gone.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Mindlog: 9:42pm On Jul 01, 2025

Propaganda has its limit, it can't airbrush reality!😂😂😂

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by SeeWahala: 9:44pm On Jul 01, 2025

Chei!

upon all the gallivanting upandan and wasting of tax payers money by tilumbu so nothing come out undecided

Imagine we spent more money on the traveling expenses (aircraft fueling, hotel expenses etc) than what was brought in by those travels 🤡

APC una doOO 👏

39 Likes 1 Share

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Mrchippychappy(m): 9:46pm On Jul 01, 2025

If na u nko? U go invest in horse wey get 3 legs? Impossicant . Anyhow shame to FDI, We got 200 billion from ST LUCIA

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by brownbib(m): 9:46pm On Jul 01, 2025

So all these mr president travels abi, too much noise making

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by id911(m): 9:46pm On Jul 01, 2025

People don't really understand the damage that has been done to their country recently. Sometimes whenever I see the so-called educated people defend the indefensible, I shake my head in disbelief.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Wizardslayer: 9:47pm On Jul 01, 2025

I think I'll be needing a passport to Egypt.

Nigeria as a country is no longer viable. Should we call Nigeria a failed state?

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by APOPTOSIS: 9:48pm On Jul 01, 2025

id911:
People don't really understand the damage that has been done to their country recently. Sometimes whenever I see the so-called educated people defend the indefensible, I shake my head in disbelief.

People should ask themselves the last time Nigeria hosted any International Football Tournament. The last time was 2009...and that was when Boko Haram started.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by chigo32: 9:49pm On Jul 01, 2025

Stupid and wicked leaders dat nigerian has, dey are talking abt der stupid and selfish reform, ds is d result of der reform. Wat our leaders know is der family and der pocket

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by IbnB: 9:50pm On Jul 01, 2025*

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]It's a no-brainer

Egypt have got solid property laws in place, while Nigerian politicians prefer a chaotic business environment so that they're able to mess with the system continuously and steal money

If you're a foreign investor would you bring your money to Nigeria where every judge is on the take and you can lose everything at the bang of a corrupt judge's gavel?

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by gerrardomendes(m): 9:51pm On Jul 01, 2025*

Tinubu: Na statistics we go chop?

Tinubu: 60 billion, they couldn't generate enough kilowatt of electricity for a popcorn. 😂 😂

14 Likes 1 Share

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by iykololo(m): 9:52pm On Jul 01, 2025*

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]>
E suppose high pass like this if them calculate 'loans' wey we de attract.

Daft Leaders!

8 Likes 3 Shares

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Usmanovic95(m): 9:52pm On Jul 01, 2025

Wetin concern Tinubu with statistics.Baba wey come enjoy himself.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Image123(m): 9:52pm On Jul 01, 2025

Another d.ic measuring contest fa. Na this statistics we wan chop? The $35 billion Ras El Hekma coastal development in 2024, led by Abu Dhabi’s ADQ, was a standout: it alone accounted for most of the USD 46 billion FDI inflows.
The Ras El Hekma coastal development project is a large-scale urban, tourism, and investment initiative aimed at transforming Egypt's North Coast into a major international destination. The project, a collaboration between Egypt and the UAE, involves developing a new city with residential areas, hotels, resorts, entertainment venues, and essential services on over 170 square kilometers.
Our Lagos Calabar coastal highway is 700 kilometers and about $10billion but the funding is not FOREIGN so will not be counted as FDI anyway.
Imagine if Nigeria wanted to do something great on 170 square kilometers, opposition will make all kinds of noise and say things like we should continue with what we have on ground.
When Tinubu's FDI results start coming in, hope people will not start having seizures like they do when we remind them of Lagos.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by viodemus: 9:53pm On Jul 01, 2025

Power of electricity, and could be more if sanity and wise vision were applied more often.

At the end of the day, you don't need to go around begging for investments, if you are solid and appreciate wisdom. The indigenes can run it. Remember, a good product need no hard sale. An essential product is even greater.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by just2endowed: 9:53pm On Jul 01, 2025

Reason why we, are failing in fdi is purely insecurity

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by stonemasonn: 9:53pm On Jul 01, 2025*

Obsessed with FDI, but struggling with insecurity, poor and expensive energy, delapidated infrastructure, poor wages, corruption.......Abeg.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by ponishah: 9:56pm On Jul 01, 2025

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]Is it Chinese opay, palmpay and other Chinese loan apps the $1.3bn you call FDI?

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by 004gist: 9:59pm On Jul 01, 2025

The insecurity herdsmen, bandit etc are a real issues. No one invest in an unsafe environment.

I was speaking to a man from Nigeria few weeks back. A taxi driver. He said he invested into agriculture but now has abandoned his farm n won't return until things improve.

We have a government that handle insecurity as if it doesn't matter

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by RastaSpeakTruth(m): 10:00pm On Jul 01, 2025

Look at the sunny side, above statistical data shows our great Nation got alot to correct in other to rise into the leagues of top contenders in Africa.
Tourists attraction sites without a rigid security network won’t generate income, talkless basic infrastructures

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Jamiubond009(m): 10:02pm On Jul 01, 2025

A new Nigeria is not possible. Look at the calibre of leaders we have

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by bayelsaowei(m): 10:03pm On Jul 01, 2025

Reno Omokri will argue with this or rather just talk about Peter Obi.

These comparisons really show how bad it is for nigeria.

Jobs lost by so many persons, economy in shambles, declining FDI's..

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by bayelsaowei(m): 10:03pm On Jul 01, 2025

Jamiubond009:
A new Nigeria is not possible. Look at the calibre of leaders we have

new Nigeria? We can't even achieve old nigeria, talk more of a new one.. cheesy

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by CodeTemplarr: 10:04pm On Jul 01, 2025

With all the travels. It is more beneficial to just restrict looters from taking loot out than looking for foreign direct investment.

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Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by persius555(m): 10:05pm On Jul 01, 2025

Our president is still junketing all around the globe claiming to be looking for investors in countries that are as small as obiakpor LGA in rivers state.

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1 2 3 Reply

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