Which West African country gets the most foreign direct investment?
Foreign direct investment (FDI) to West Africa fell 21% to US$11 billion in 2019. This was largely due to the steep decline in investment in Nigeria, after consecutive increases in 2017 and 2018. Inward FDI to Nigeria almost halved, to $3.3 billion in 2019 due to a slowdown in investment in the oil and gas industry. However, Nigeria was still the largest recipient of FDI in the region.