Egypt ranks 1st in FDI flows in Africa: report

CAIRO - 7 December 2018: According to a report by fDi Markets, affiliated to the Financial Times, Egypt ranked first in Africa in terms of foreign direct investment (FDI) flows, with the volume of investments hitting 7.4 billion dollars in 2017.

The report, of which MENA obtained a copy, was compiled in cooperation with the COMESA Regional Investment Agency (RIA).

Egypt was followed by Ethiopia, with 3.5-billion-dollar investments, Congo, with 1.9-billion-dollar investments, and Sudan, with 1.6 billion-dollar investments, the report added.