Nigeria has emerged as the leader in economic expansion and employment opportunities in Singapore's deepening trade relationship with West Africa, which has seen an 85 percent rise to 7.47 billion from 2020 to 2024.
A review of the growing collaboration between Singapore and West Africa shows Nigeria emerging as a key contributor.
Analysis of data from the United Nations Trade and Development UNCTAD revealed that as of the end of 2023, Singapore's overall economic presence in Africa comprises more than 20 billion in foreign direct investment. And Nigeria currently stands as one of the leading 10 investment economies in Africa.