As the Managing Director of Footprint to Africa, I can comfortably say that investor confidence in Nigeria and other markets in Africa is on the rise. The IMF had fixed Nigeria’s GDP at about $415.08bn in 2016 from its 2015 position of $493.831bn. Nigeria also sits in vantage position in West Africa thus can also take a significant slice of the entire West African market. Discerning investors are actively seeking ways to invest in the power sector of Nigeria. To bridge this gap, Footprint to Africa maintains that Nigeria must build at least 1 million housing units annually consistently for 10 years through investments worth over N40trn.

Source: The North Africa Journal March 13, 2017 15:33 UTC