Top 10 Most Attractive African Countries for Investors, According to the Financial Times
28 August 2013
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Text: (Ecofin Agency) - A recent report from the African Development Bank confirms that Africa's economy is growing faster than any other continent. Of the 54 African countries, 26 have now achieved middle-income country status.
According to the Financial Times group's magazine, FDI Intelligence, South Africa remains the most attractive country on the continent, followed by Morocco and Mauritius. This year, Nigeria and Botswana are entering the top 10.
South Africa attracts almost a fifth of all foreign direct investment on the continent. In 2012, FDI in the country reached $4.6 billion and created 14,000 jobs.
Despite a 17% drop in foreign direct investment, Morocco still secured 8.3% of the African market in 2012.
Egypt's ranking is probably outdated due to recent events that have significantly increased political and economic instability.
Kenya shows the best progress in this ranking, moving from 10th to 5th place. This progress seems to be confirmed since the country has already attracted almost 10% of African FDI in the first half of 2013.
Download the report "African Countries of the Future winners".
Download the FDI Report 2013
Agenceecofin.com
According to the Financial Times group's magazine, FDI Intelligence, South Africa remains the most attractive country on the continent, followed by Morocco and Mauritius. This year, Nigeria and Botswana are entering the top 10.
South Africa attracts almost a fifth of all foreign direct investment on the continent. In 2012, FDI in the country reached $4.6 billion and created 14,000 jobs.
Despite a 17% drop in foreign direct investment, Morocco still secured 8.3% of the African market in 2012.
Egypt's ranking is probably outdated due to recent events that have significantly increased political and economic instability.
Kenya shows the best progress in this ranking, moving from 10th to 5th place. This progress seems to be confirmed since the country has already attracted almost 10% of African FDI in the first half of 2013.
Download the report "African Countries of the Future winners".
Download the FDI Report 2013
Agenceecofin.com
