1. Egypt
A dominant leader, Egypt attracted roughly $46.6 billion in FDI in 2024, nearly half of the continent’s total. Major drivers include massive projects like the Ras El-Hekma coastal city, infrastructure developments, and greenfield renewables.
2. Ethiopia
FDI inflows of around $4 billion in 2024 reflect strong momentum. Key sectors include agro-processing, industrial parks, logistics, and digital startups, supported by investor-friendly PPP reforms.
3. Côte d’Ivoire
With $3.8 billion in FDI, Côte d’Ivoire stands out in West Africa. Its strengths lie in agribusiness, logistics, urban infrastructure, and energy—bolstered by regional stability and favorable policy frameworks.
4. Mozambique
Attracting $3.55 billion in 2024, driven by LNG, infrastructure, and renewable projects, Mozambique benefits from its vast natural gas reserves and improving regulatory environment.
5. Uganda
FDI of $3.3 billion reflects growing interest in oil and energy infrastructure, ICT, fintech, and manufacturing, supported by regulatory reform and resource development.
6. Democratic Republic of Congo (DRC)
DRC recorded about $3.11 billion in FDI, primarily in mining (notably cobalt and copper), energy infrastructure, and industrial zones—critical for global clean energy chains.
7. South Africa
Despite a decline to $2.47 billion in FDI (-29% YoY), South Africa remains a key investment destination thanks to its diversified economy, financial markets, and renewables draw.
8. Namibia
With about $2.06 billion in FDI, Namibia attracts investors in green hydrogen, mining, and infrastructure—even in the face of slight downturns.
9. Senegal
Senegal garnered $2.02 billion in FDI, although down by 58%. Its strengths include port expansion, agribusiness, and energy infrastructure under proactive reforms.
10. Guinea
Guinea doubled FDI inflows to around $1.83 billion, thanks to new bauxite mining deals, port upgrades, and robust Chinese investment interest.
Why These Countries Stand Out in 2025
- Scale and Scope of Investment: Egypt’s dominance underscores the impact of mega-projects and investor-friendly policies.
- Diversified Growth: Ethiopia and Côte d’Ivoire thrive on industrial expansion and agribusiness diversification.
- Natural Resources & Infrastructure: Nations like Mozambique, DRC, Uganda, and Guinea draw substantial capital through resource-driven and infrastructure-led deals.
- Structural Resilience: Despite challenges, South Africa, Namibia, and Senegal maintain consistent appeal via economic maturity and regional strategic advantages.
