Nigeria, South Africa, Egypt and Algeria were among the top 20 nations globally whose nationals were making investment migration enquiries last year, a new report said.
South Africa and Nigeria were fourth and eighth in the world in terms of applications, with Egypt, Algeria, Ghana, Kenya, Morocco and Uganda also generating rising numbers of applications, the Henley Global Citizens Report Q3 2022 said.
The investment migration sector has been on a growth trajectory for over 25 years, the report noted, but the surge in Africa is a relatively new phenomenon, with the continent recording a 23% increase in enquiries last year.
Source: Zawya