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Billions of New FDI Flowing Into West Africa. Where’s the Chinese Money Going?

Source: National Bureau of Statistics and Nairametrics

$1.46 billion of new foreign direct investment made its way to Nigeria in the third quarter of 2020, according to new data from the National Bureau of Statistics, but very little is coming from China. In fact, China (ex Hong Kong) wasn’t among the list of top 15 investors, dominated by the UK, Netherlands, and Ireland.

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