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)