Gulf War Risk Threatens $100 Billion in Africa Investment and Remittances

Africa · Western Key Facts —FDI Surge. Gulf greenfield FDI commitments to Sub-Saharan Africa exceeded US$100 billion in 2022–23 alone. —Remittance Lifeline. Remittances account for 23% of GDP in Comoros, 22% in The Gambia, and 21% in both Lesotho and Liberia. —Investment Review. Gulf states are reassessing overseas commitments as regional conflict intensifies, according to…