UAE Minister of State at the Ministry of Foreign Affairs, Saeed Bin Mubarak Al Hajeri
Nigeria could attract a larger share of investment from the United Arab Emirates if it sustains its economic and sectoral reforms, business leaders have said, as the UAE reported investing $71.32bn in Sub-Saharan Africa between 2021 and 2025.
Although the UAE did not provide a country-by-country breakdown, Nigeria’s capital importation from the Gulf nation jumped 87.8 per cent to $728.81m in 2025 from $388.01m in 2024, according to Nigeria’s National Bureau of Statistics.
The NBS data showed that Nigeria attracted $2.08bn in capital from the UAE between 2021 and 2025, rising to $2.28bn after adding the $194.51m recorded in the first quarter of 2026.
The development came as the UAE identified renewable energy, infrastructure and digital innovation as priority areas for long-term investment and sustainable development across Africa.
