FDI
African FDI fell 26% in 2025. What the headline figure shows
Two editions, two headlines, one $35bn transaction behind both. What the underlying number is, and what the quiet revision from $97bn to $94bn should tell you.
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Tawira Africa Connect originates, screens and structures investment across eight African markets and twenty-one sectors. We work with institutional funds, development finance institutions, corporates and family offices that have identified Africa as a market and now need the specifics.
Where the opportunity sits
$70bn
FDI into Africa, 2025
Down 26% on 2024, and still the third-highest level since 1990, roughly a third above the continent’s long-run average. Global FDI rose 6% to $1.6tn over the same period.
UNCTAD World Investment Report, 2026
18
Fintech FDI projects recorded in Africa, 2024
Against 206 in developing Asia over the same period.
UNCTAD World Investment Report, 2025
3%
Africa’s share of global data centre investment, 2024
The continent hosts 223 data centres across 38 countries, representing less than 0.02% of the global data-centre estate.
UNCTAD World Investment Report, 2025
Capital formation has not kept pace with usage. Sub-Saharan Africa processes two thirds of global mobile money value and attracted 18 fintech FDI projects in 2024, against 206 in developing Asia. That gap is where our work begins.
Markets
Each market note sets out what is growing, where the risks sit, and what execution looks like on the ground.
The figures that matter
Reserves and production are routinely conflated in critical-minerals commentary. The distinction changes which countries matter and which investment theses warrant closer attention.
USGS Mineral Commodity Summaries, 2024
Africa accounts for about 80% of global platinum group metal production, while the DRC alone accounts for about 76% of mined cobalt, but only 1.6% of global lithium reserves (USGS, 2024).
Sectors
Coverage means we maintain a view, a counterparty list and active market conversations.
Insights
FDI
Two editions, two headlines, one $35bn transaction behind both. What the underlying number is, and what the quiet revision from $97bn to $94bn should tell you.
Fintech
Usage and capital formation have separated. The gap between $1.4tn in transaction value and 18 FDI projects points to a significant difference between market adoption and capital formation.
Mining
Reserves and production are routinely conflated in critical minerals commentary. The correction changes which countries matter and which theses survive.
Enquiries
Tell us the mandate, its stage and the timing. We will come back with the relevant market, sector and next steps.