Foreign direct investment (FDI) and portfolio inflows into the economies of Nigeria and other West African nations may sharply fall as a result of the Israel-Iran conflict.
This is the position of SBM Intelligence in its most recent insight, “The Escalating Iran-Israel Conflict and its Implications for West Africa”.
According to the company, “An escalation in direct military engagement between Iran and Israel has raised significant global concerns, creating a complex and perilous situation with repercussions for international security and the global economy. For West Africa, this presents a double-edged sword of short-term economic opportunity against a backdrop of significant long-term political and security risks.”
