The model uses 20 metrics from four measuring pillars: social and human development; market accessibility and innovation; economic stability and investment climate; and economic performance and potential.
Best countries to invest in Africa
1. Seychelles
Seychelles is at the top of the list because of its stable economy, high levels of human development, and personal freedom. Its investment climate is attractive even though it does not have a large economic size.
2. Mauritius
This East African country is an innovative place. There is a lot of economic freedom here and the country has a high GDP per capita. It remains a popular location for investors pursuing stability and growth in a well-regulated climate.
3. Egypt
Egypt is Africa’s largest economy by GDP (2023) and provides a huge market with different potential in industries such as technology, manufacturing, and services. Its strategic location and economic complexities increase its appeal.
4. South Africa
South Africa remains an important investment hub in Africa, ranking fourth even though it has experienced some economic setbacks.
Its strong banking system, diverse economy, and potential for infrastructure expansion make it an important hub for investors.
5. Morroco
Morocco’s outstanding performance in connectedness, innovation, and economic stability makes it a desirable investment location, ranking fifth.
Its strategic accessibility to European markets increases its desirability.