UNCTAD’s World Investment Report 2023 shows that FDI flows to Africa declined to 45 B$ in 2022 from the record 80 B$ set in 2021. They accounted for 3.5% of global FDI. The number of greenfield project announcements rose by 39% to 766. 6 of the top 15 greenfield investment megaprojects (those worth more than 10 B$) announced in 2022 were in Africa. European investors remain, by far, the largest holders of FDI stock in Africa, led by the United Kingdom (60 B$), France (54 B$) and the Netherlands (54 B$).
Source : UNCTAD
