Nigeria is emerging as a key energy investment hub in Africa, backed by improved policies that align with the IEA’s projected $3.3 trillion global energy investment for 2025. The IEA’s latest report highlights Nigeria’s recent production boost and policy reforms as drivers for increased investment, even as overall upstream investment in sub-Saharan Africa is expected to decline by 15% and make up less than 5% of the global total.
The IEA report reveals that global energy investment is projected to hit a record $3.3 trillion in 2025, with about two-thirds—around $2.2 trillion—going to clean energy technologies. This includes renewables, nuclear, power grids, storage, low-emission fuels, energy efficiency, and electrification. The surge reflects efforts to cut emissions, enhance energy security, and leverage the cost benefits of electric solutions. In contrast, fossil fuels—oil, gas, and coal—are expected to attract $1.1 trillion in investment.
