China Foreign Direct Investment Flows To 20 African Countries

 $4 BILLION in Chinese Foreign Direct Investment flowed into Africa in 2023... but which country secured the lion's share?

Why is Niger 🇳🇪 leading the pack with nearly $500M in FDI, surpassing economic giants like South Africa 🇿🇦 and Nigeria 🇳🇬? This ranking reveals a fascinating picture of investment priorities. What drives China's strategy in these 20 African nations?

Look into the data and share your analysis 👇

China foreign direct investment flows to 20 African countries (2023)

1. Niger 🇳🇪: $485.80m

2. South Africa 🇿🇦: $353.90m

3. Angola 🇦🇴: $351.35m

4. Morocco 🇲🇦: $241.59m

5. Congo (Rep.) 🇨🇬: $234.78m

6. Algeria 🇩🇿: $209.28m

7. Egypt 🇪🇬: $203.96m

8. Kenya 🇰🇪: $191.78m

9. Zimbabwe 🇿🇼: $186.90m

10. Nigeria 🇳🇬: $185.58m

11. Mauritius 🇲🇺: $173.17m

12. Congo 🇨🇩: $160.00m

13. Eritrea 🇪🇷: $130.99m

14. Zambia 🇿🇲: $116.88m

15. Côte d’Ivoire 🇨🇮: $100.73m

16. Ethiopia 🇪🇹: $100.38m

17. Sudan 🇸🇩: $76.56m

18. Cameroon 🇨🇲: $73.85m

19. Tanzania 🇹🇿: $60.15m

20. Senegal 🇸🇳: $58.57m

https://x.com/thecableindex/status/1986539387706880091

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