Egypt Retains Africa's Top FDI Spot With $15.5 Billion for 4th Straight Year

1 articles · Updated · IOL · Aug 5

$15.5 billion in foreign direct investment kept Egypt Africa's top FDI destination for a fourth consecutive year, while placing it second among Arab countries.
Digital reforms underpinned that performance, with Egypt rolling out a unified online investment platform covering 468 economic activities across 82 government entities to speed company formation and licensing.
The government is steering investors toward 12 priority sectors including manufacturing, renewable energy, ICT, tourism, healthcare and logistics, aiming to diversify exports and raise value-added production.
Egypt's pitch also rests on structural advantages — solar and wind resources, green hydrogen potential and the Suez Canal — as global capital shifts toward digital infrastructure, clean energy and resilient supply chains.
UNCTAD said global FDI rose about 6% over the past year, with developing economies drawing nearly $900 billion and Africa about $70 billion, sharpening competition from Morocco, South Africa, Kenya and Rwanda.