Africa's Economic Surge: Record FDI, Booming Stock Markets, and Shifting Trade Trends in 2024

African Finance

An overview of Africa's financial landscape in 2024, highlighting record foreign investment, strong stock market performance, and significant economic shifts.

FDI Stock Markets Economic Growth Africa Investment Trends

12 Questions Easy Ages 5+ Jul 9, 2026

Practice Test PDF Answer Key PDF

Choose a Study Format

Quiz

Test your knowledge with multiple-choice questions and instant feedback.

Flashcards

Flip through cards to review terms, definitions and key concepts.

True or False

Quickly decide if statements are true or false to reinforce understanding.

Match Game

Race against time to match questions with their correct answers.

Study Guide

Read through all topics and answers as a comprehensive study reference.

Listen Mode

Listen to questions and answers read aloud — great for audio learners on the go.

Embed This Study Set

Add this interactive study set to your website or blog — all 6 formats included.

<div data-quixly-id="4022"></div>
<script src="https://www.quixlylearn.com/assets/embed/widget.js"></script>

Learn more about embedding →

About this Study Set

This study set covers African Finance through 12 practice questions. An overview of Africa's financial landscape in 2024, highlighting record foreign investment, strong stock market performance, and significant economic shifts. Every question includes the correct answer so you can learn as you go — pick any format above to get started.

Questions & Answers

Browse all 12 questions from the Africa's Economic Surge: Record FDI, Booming Stock Markets, and Shifting Trade Trends in 2024 study set below. Each question shows the correct answer — select a study format above to practice interactively.

1 What was the approximate total value of foreign direct investment (FDI) inflows to Africa in 2024, marking an all-time high?

A $50 billion
B $75 billion
C $94 billion
D $120 billion

2 Which African stock exchange was the top performer in 2024, experiencing a significant percentage gain?

A Nigerian Exchange (NGX)
B Ghana Stock Exchange
C Nairobi Securities Exchange
D Johannesburg Stock Exchange

3 In 2024, which North African country attracted the largest share of FDI in Africa, largely due to a major development project?

A Morocco
B Tunisia
C Egypt
D Algeria

4 According to IMF projections, what was the projected GDP growth rate for Sub-Saharan Africa in 2024?

A 2.5%
B 3.6%
C 4.2%
D 5.0%

5 Which sector saw a significant plunge in investment in Africa in 2024, contrasting with growth in other areas like telecommunications?

A Renewable Energy
B Extractive Industries
C Fintech
D Real Estate

6 What was the approximate total VC funding for African startups in 2024, indicating a decline from the previous year?

A $1.5 billion
B $2.21 billion
C $3.0 billion
D $4.5 billion

7 In 2024, which of the following African countries was projected by the IMF to have the largest economy on the continent?

A Nigeria
B Egypt
C South Africa
D Algeria

8 What significant event occurred in March 2024 concerning Egypt's exchange rate policy as part of its economic reforms?

A The currency was pegged to the US dollar.
B The currency was devalued by 10%.
C A flexible exchange rate was adopted.
D The currency was revalued significantly.

9 Which of the following African stock markets was among the best-performing frontier markets in 2024, with a gain of over 50%?

A Kenya
B Nigeria
C Ghana
D Morocco

10 In 2024, North Africa accounted for what percentage of total African FDI inflows, with Egypt being the primary driver?

A 25%
B 35%
C 52%
D 75%

11 What was the projected average GDP growth rate for Sub-Saharan Africa in 2025, showing a modest increase from 2024?

A 3.6%
B 4.2%
C 4.4%
D 5.0%

12 Despite a global decline in fintech funding in 2024, which region in Africa saw a significant increase in its share of total fintech funding, largely due to one major deal?

A West Africa
B East Africa
C Southern Africa
D North Africa

📱

Study on the go

Download Quixly and access all study formats on your phone — anywhere, anytime.