UNCTAD: Egypt Tops Africa in Attracting FDI for Fourth Consecutive Year

Egypt once again emerged as the leading African destination for foreign direct investment (FDI), attracting a total of $11 billion in 2025, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD). 

This marks the fourth consecutive year that Egypt has secured the top position on the continent.

The UNCTAD report highlights Egypt’s remarkable ascent in global FDI rankings. The country jumped from 32nd place in 2023 to 9th place in 2024, placing it among the world’s top ten investment destinations, one of the fastest rises recorded in the report’s history.

Egypt’s Central Bank recently reported that net FDI inflows during the first quarter of the current fiscal year reached $2.4 billion. In the oil and mineral resources sector, net inflows totaled $9.3 million, reversing the previous year’s net outflows. New foreign investment in this sector reached $1.57 billion, reflecting growing confidence in Egypt’s energy and mineral industries.

Non-oil sectors also saw significant inflows, with net FDI reaching approximately $2.4 billion. The uptick in investment is mirrored by a rise in non-oil exports, which increased by $1.9 billion, reaching $9.8 billion during the first quarter of fiscal year 2025/2026.

Key contributors to export growth included gold, household electrical appliances, ready-made garments, and agricultural produce such as fresh and dried fruits and vegetables.

Egypt’s sustained success in attracting foreign capital underscores the country’s strategic positioning as a hub for investment, trade, and economic growth in Africa.