Top 10 African Countries to Invest in Africa in 2018

by Rand Merchant Bank Assessment of Economic Investment opportunities in Africa. Released 2018 Report of where to invest in Africa. 

10. Ivory Coast

Arriving in 10th place this year is Ivory Coast, slipping down from 8th from 2016 due to political paralysis. This is a country that welcomes foreign investment and has been recognised for its improved business environment.

9. Tunisia

Tunisia has become one of the most attractive investment destination. Over the years, it has become more business stable and has been popular for its proximity to Europe.

8. Rwanda

It's the hottest spot for investment thanks to its robust government as well as containing a strong market of over ten million people.

7. Tanzania

Tanzania has growingly become an exciting investor destination. It has an abundance of natural wealth, creating perfect opportunities for investors. Tanzania has been particularly popular for its tourism, peace, and stability.

6. Kenya

Kenya remains one of the strongest countries in the continent. However, rising challenges with its corruption, ethnicity, and death rate have it yet to move up the list.

5. Ghana

Ghana was previously 4th on the list, but still remains the most attractive destination for investors in West Africa. It faces some economic challenges, but the country is steadily rebuilding confidence its economic processes and policies.

4. Ethiopia

Despite some socio-political instabilities negatively impacting Ethiopia, it's business environment has it jumping up a spot on the list. This could be partially thanks to its fast growing economy, available land for agriculture, pro-investment government, developed infrastructure and logistics, enormous quantities of water and mineral deposits.

3. Morocco

Morocco remains steadily at #3 on the list. The country remains favourable for its booming geographic location, robust infrastructure, stable political setting, and strong regulatory policies. Morocco offers itself as a favourable investment destination in Africa.

2. South Africa

South Africa has fallen to #2 on the list, possibly due to its faltering growth and its uncertain business environment. It remains a country of institutional integrity and has one of the best business-operating environments in Africa.

1. Egypt

For the first time, Egypt has dethroned South Africa as the leading investment destination in Africa. Part of this could be due to the economic gains after the Arab Spring, the big consumer market, favourable location, as well as consisting of improved government policies towards investors.

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