Top 10 African Countries Attracting Foreign Investment

  • Africa
  • 1 July 2024
1

Development (UNCTAD), global foreign direct investment fell by 2 percent to $1.3 trillion in 2023 due to an economic slowdown and rising geopolitical tensions.

The report showed that Egypt is the most attractive for foreign direct investment in 2023, with a total of $ 9.841 billion, down from $ 11.4 billion in 2022. Here are the top 10 African countries attracting FDI:

Egypt: $9.841 billion

South Africa: $5.233 billion

Ethiopia: $3.263 billion

Uganda: $2.886 billion

Senegal: $2.641 billion

Mozambique: $2.509 billion

Namibia: $2.345 billion

Nigeria: $1.873 billion

Côte d'Ivoire: $1.753 billion

Democratic Republic of the Congo: $1.635 billion

Source (Al-Arabiya.net Website, Edited)

 

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