Business

South Africa’s foreign investments into Nigeria drops by 80% in 4 years

Foreign investment inflow from South Africa into Nigeria has fallen by over 80% in the last 4 years.


In the years following a return to democracy, Africa’s most advanced economy has for years seen investment in Africa’s largest economy, Nigeria as a strategic investment destination.


Nigeria’s status as Africa’s largest market from the point of view of population and age had for years made it a destination for South African businesses in search of growth outside its shores.