Egypt maintained its position as the largest FDI host on the African continent, attracting $11bn in inflows. This performance comes despite a broader continental downturn that reflected a return to prior levels following inflated figures in 2024 caused by a single large-scale project.
FDI flows to Africa were marked by significant volatility and regional disparities. Egypt’s $11bn in inflows led the continent. Greenfield project announcements in Egypt and Côte d’Ivoire contributed to a 5% rise in the total number of projects across Africa, reaching 639.
Meanwhile, inflows to Angola reached an estimated $3bn, marking a return to positive values after nine consecutive years of net divestments. Conversely, South Africa recorded negative inflows of $6bn following a $7.2bn divestment by Anglo American PLC from Valterra Platinum Ltd.
Mozambique recorded an 80% surge in inflows to $6bn, driven by the acceleration of construction on major liquefied natural gas (LNG) projects.
Sectoral Shifts and Strategic Tech The global investment landscape in 2025 was increasingly shaped by data centres and artificial intelligence, a trend that posed challenges for lower-income countries.