Foreign direct investment into Africa reached approximately $70 billion in 2025, according to UNCTAD’s World Investment Report 2026, down from an exceptional $94 billion in 2024 but still the third-highest annual total since 1990 and roughly a third above the continent’s long-term average. Egypt remained the largest recipient for a fourth consecutive year with about $15.5 billion, driven by energy, real estate and green-transition projects including the Ras El-Hekma development. Guinea’s inflows more than quintupled to roughly $8 billion on bauxite and iron ore mining investment, while Nigeria posted a 148 percent jump to about $4 billion, driven mainly by oil and gas deals including one project worth roughly $2 billion. Central Africa bucked the trend, with inflows falling 21 percent to $4.8 billion as DRC investment declined. Globally, FDI rose 6 percent to $1.624 trillion, with developed economies capturing most of the rebound — underscoring that Africa’s investment story is increasingly about a narrow set of resource- and energy-linked deals rather than broad-based inflows.
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