Normally, when discussing the BRIC nations there is the inclusion of South Africa, making it BRICS. In 2010, when South Africa was included in the BRICS acronym, it was the fastest-growing economy on the continent. However, the economy has recently fallen to the position of second. Rich in energy resources, Nigeria has become the fastest growing economy in Africa. This change indicates that Africa is in a period of transition. A rapidly increasing population combined with urbanization and the emergence of a middle class has created a very enticing market for international investment.

Provide an example of an MNE that has made FDI in an African nation. Give a brief summary of the investment, the sector, nation, and the risks associated.

Next, provide a prediction on which nation will be the future economic leader in Africa. Explain your reasoning.