10 Best African Countries To Invest In For Decades

Africa is a continent filled with opportunities. Africa is the fastest-growing economy in the world. A significant portion of the investment in African infrastructure will take place in the next decade.

With a population growth of 42 million people a year, Africa presents a huge potential for the industrialization of goods and services that are used daily by consumers around the world. The African retail sector is forecast to reach $1.6 trillion by 2023 from $600 billion currently.

In this article, I will name a few African countries to invest in where you can get a return on your investment faster than any other country in the world.

Investing in Africa doesn’t only attract a lot of attention these days, but it warrants a lot of thought. In my experience, most African countries offer more opportunities than the western world and although the United States and European countries will always have a strong position in the global market economy, it is vital to diversify and learn to invest.

That’s why I’ve put together my list of ten countries that would probably make one of the best African countries to invest in.

To be sure, Africa is the second largest continent in the world by both area and population. In this article, we will look at the Top 10 Best African Countries To Invest In for business.

Top 10 Best African Countries To Invest In

#1 Mauritius

Mauritius is an island country in the Indian Ocean. Since its freedom from the UK in 1968, Mauritius has arisen as one of the world’s best economies and is viewed as the super booming area for banking, particularly offshore banking. Mauritius presently depends vigorously on the travel industry (tourism), materials, sugar products, mining, and money.

Within a couple of years, the work market has expanded immensely in the island country of Mauritius. No matter what this reality, many individuals out there actually have hardly any insight into Mauritius and its venture potential open doors.

The island offers a great deal to those able to investigate it. There are a lot of visitor houses, lodgings, and cafés spread across the island. The economy is very steady and developing consistently with a lot of new business and new companies.

Putting resources into Mauritius markets is an extraordinary method for expanding your portfolio. Mauritius is the passage for most African speculations. The Mauritian economy is one of the most amazing performing economies in Africa.

#2 Botswana

Botswana is located in Southern Africa and is a landlocked country. It is surrounded by Zimbabwe, Zambia, South Africa, and Namibia. Botswana has a population of 2,196,000 people (2006 est.), which makes it the least populous nation on this list. Investment in Botswana Resources refers to the exploitation of natural resources including diamonds and copper ore.

The stock market is known as the place to invest your hard-earned money. Do you know that businesses are listed on them? Some of them have a great potential to offer huge returns and make you extremely wealthy. For example, Botswana is a country with a rapidly growing economy. It has a promising future ahead and could be the perfect candidate for your next investment move.

Botswana is a country with a high number of millionaires per capita, and foreigners are welcome to invest here under some conditions. Botswana has the fastest growing economy in Africa and its economic growth rate is over 6% every year. To date, there are over 1000 foreign companies operating in Botswana; with almost all of them have invested more than $1 million each year.

Due to the numerous global financial crises and compounded by the significant drop in commodity prices, Botswana appears to be an investment haven, don’t you think? And that’s not all, Botswana is also rich in natural resources such as diamonds, nickel, and coal.

#3 Namibia

When it comes to investing in property and generating income, investing in Pentium is the surest way to grow and secure your investment. Namibia has experienced steady growth over the past 10 years with a 6.7% average annual growth rate. This has helped to create a diverse and vibrant economy.

The country has managed its natural resources efficiently, thanks to high levels of accountability in government management of this sector.

Namibia is one of the world’s most stable and best-governed countries, with a vibrant democracy and a growing economy. The country has vast natural resources and its economic growth is expected to continue at a rapid pace during the next decade.

The mining sector accounts for more than 60% of Namibia’s GDP and around 70% of exports. The mining industry has been boosted by several discoveries in recent years, which include offshore gas fields off the coast of Namibia, gold deposits in central Namibia, uranium mines near Otavi, zinc mines in Tsumeb, and lead-zinc deposits near Rosh Pinah.

The country has also been granted exploration licenses for the extraction of diamonds and manganese ore.

The government has liberalized its mining laws to encourage foreign investment. However, there are still many challenges facing investors such as lack of infrastructure and skilled labor force, political instability, and corruption.

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Investing in Namibia Resources is an exciting opportunity for investors and businesses alike. With so many natural resources to be found in the country, it has become a very popular place for investment. These are some of the best resources to invest in:


Namibia is known for having rich deposits of gold and this is why many people want to invest here. The country has large reserves of gold that have yet to be mined. This means anyone who wants to invest here can make a lot of money by simply opening up a mine and producing gold.


There are also many diamonds found here that can be used for investment purposes. They can either be sold or used as collateral against loans given by banks and other financial institutions. Diamonds are considered one of the most valuable minerals on earth today because they are used in making jewelry and other valuable items such as watches and electronic devices.

#4 Egypt

Egypt is known in history to be the Cradle of Civilization! The Egyptian market is booming, with the country currently enjoying its best time to invest in an economy bolstered by the hand of a stabilizing government that has redefined the terms of the game.

With a marked shift towards global investments and foreign collaborations (both private and public) in strategic sectors such as infrastructure, tourism, and manufacturing, Egypt has become one of Africa’s economic hotspots.

However, this comes at a time when investors are concerned over the lack of a comprehensive regulatory framework to underpin these agreements.

For your information, Egypt has the following achievements in the history of the world’s innovation:

Hence, Egypt Has Currently Completed These Projects:

  • The world’s largest water treatment plant
  • World’s largest archaeological museum
  • World’s 4th largest solar park
  • Africa’s tallest building
  • Africa’s biggest fish farm
  • Africa’s longest light rail line
  • Has built 10,000 factories in the last 7 years

Egypt’s Current Projects:

  • Construction of 34 new cities
  • Africa’s largest Olympic Sports City
  • Africa’s largest shopping mall
  • Africa’s largest first Space Research City
  • Africa’s second-largest mosque
  • World’s largest Monorail Line
  • World’s largest Beet Sugar Factory
  • World’s largest Sugar Strategic Crops Factory

The Egyptian Government’s Role in Facilitating Investment in Egypt

The Egyptian government’s role in facilitating investment has been multifaceted. It has encouraged private sector participation by providing incentives for foreign investors and created a more stable and supportive macroeconomic environment.

Moreover, it has provided an enabling environment for investment through deregulation of the financial system as well as privatization programs.

The Egyptian Government’s Role in Promoting Investment:

The Egyptian Government has actively promoted private sector development by providing incentives to foreign investors and offering various incentive packages to local investors. In addition, it supports small businesses through the use of a simplified taxation scheme that reduces their tax burden considerably compared with larger businesses.

The Egyptian Government’s Role in Facilitating Investment:

In order to facilitate investment, the government increased its efforts on improving infrastructure facilities such as highways, railways, and airports; increasing power generation capabilities; expanding telecommunications networks; upgrading port facilities at Alexandria, Port Said, and Damietta; developing public transportation systems (metro train); developing new cities outside Cairo (New Cairo); building new road networks connecting all governorates; constructing new tunnels under mountains that form Egypt-Sudan border between Assiut Governorate & Red Sea Governorate.


The EIB, AfDB, and EBRD are the main lenders to the Egyptian economy. Together they own around half of Egypt’s banking sector, including three out of the four largest local banks in Egypt.

The EIB is a multilateral lender and one of the top five foreign investors in Egypt; its investment portfolio includes leading businesses such as Orascom Construction Industries (OCI) and Orascom Telecom Media Analytics (OTMA).

The AfDB is an African development bank that provides financial services for sustainable development on a regional level; it has invested over $4 billion into many sectors across Egypt since 2002.

The main objective is to create a more stable and supportive macroeconomic environment.

The government is working to create a more stable and supportive macroeconomic environment. The main objective is to create a more stable and supportive macroeconomic environment. This includes measures that facilitate foreign direct investment, which is required to increase growth and employment in Egypt.

The economic reform program has been implemented by the Egyptian government since 2016 with the aim of reducing public debt levels, improving competitiveness, fostering private sector development, increasing job creation opportunities, and creating an enabling environment for private sector participation in key sectors such as housing construction and energy generation/distribution; improving public financial management including budget execution through introducing electronic payments systems; strengthening governance through enhancing regulatory frameworks related to public procurement (e-procurement), competition policy as well as project evaluation criteria.

Find out everything you need to know about investing in Egypt

Are you a first-time investor looking for guidance? Or perhaps you’re interested in making your money grow through investments. Either way, this guide will give you all the facts on how to make smart choices that support your financial needs and provide stable returns over time.

We’ll walk through everything from choosing where to invest, what types of investments are most appropriate for each scenario, and even how to mitigate risks against inflation or political instability.

Keys to Investing in Egypt

It’s a good idea. Egypt is an emerging market with a lot of potentials, so it’s a good place to diversify your portfolio.

The Egyptian economy and government are both strong, making it safer than other emerging markets like China or India.

You can start your own business in Egypt if you have the right skill set and connections, which means you’re not just betting on the stock market or real estate—you’re also betting on yourself!

Get The Facts On Investing In Egypt!

The Egyptian government has a positive attitude towards foreign investment. In fact, they’re so open to foreign investments that they’ve relaxed some of their restrictions on companies that aren’t Egyptian-owned and have begun allowing companies from other countries to invest in companies that do business in Egypt.

This openness is largely due to the fact that many other countries have been investing heavily in Egypt for years—especially China, which has been growing its stake here since 1990.

The governments of both countries are interested in strengthening their relationship even more by encouraging additional Chinese businesses to enter the Egyptian market.

In addition to this ongoing investment from China (and other nations), there are also several prominent American firms operating currently within Egypt’s borders.

#5 Nigeria

Many people are interested in the real estate market here in Nigeria. And it’s easy to see why. It’s a big country with lots of room to grow, and there’s a lot of opportunity for creating wealth here. But most foreigners have no idea where to get started when they arrive in this country.

They have no idea how to proceed and don’t know who to ask for help or advice. Most end up totally lost when they arrive here and just try to wing everything instead of doing some research upfront and being prepared.

Since the deregulation of the stock market in Nigeria, foreign investors have totally taken over the Nigerian Stock market and that is evident in the movement of our local share price indices.

The companies listed on the NSE are being gradually acquired by foreign investors allowing them to be a major players within Africa’s economic space. Since starting the last year 2016, foreign investors have been immune to all crises going on in Nigeria and have continued to invest heavily in the nation’s economy

On 5th December 2015, The Nigerian government re-opened the foreign ownership of businesses in Nigeria. Under this visa program, foreigners who wish to invest in Nigerian businesses can apply for visas that will permit them to invite their partners on the ground in Nigeria.

This will free them from the restriction that has held back foreign investment from Europe and the USA that have been deterred by the fear of not being able to bring their staff into the local business a joint venture company that they invest in Nigeria.

#6 Kenya

Investing in Kenya is a great way to invest internationally. Along with it also being an investment in Africa. The world’s largest continent and home to over one billion people has become more accessible than ever. The growth potential here is amazing which is why you should invest today!

The facts are that Kenya is a hotspot for investment and business opportunities in East Africa. Kenya’s growing economy is attracting foreign investors from the Middle East, China, and Europe. The quality of life in Kenya is favorable for expatriates to live and work.

It is a good place for foreigners to invest, whereas the country offers great opportunities for foreigners seeking jobs here. Sustainable economic growth and increased demand for natural resources are two trends that bode well for Kenya’s economic future.

In this decade, Kenya has witnessed unprecedented investment as well as growth in her economy. The investor’s interest has extended to virtually all sectors of the economy with tourism being one of the most sought-after industries by investors.

The demand for property and hotel sites has grown to a greater extent in the past five years than others. We would be delving into what makes Kenya a favorable investment country and what makes it in this field competitive and unique.

#7 Morocco

Morocco is a country located in Northern Africa, bordering the Mediterranean Sea, between Algeria and Western Sahara. It’s located in the Northwest corner of Africa. Founded in a Berber and Arab empire, while under the influence of Islamic dynasties like the Almoravids and later the Merenids.

While Morocco has been ruled by several different empires over time, it is truly ruled by people who have contributed to its history and culture. In modern times Morocco has not only influenced its surrounding region but throughout history has also been influenced greatly by many other countries.

Morocco has been a historic gateway between the European and African continents. This is why Morocco has historically been one of the most coveted markets for foreign investors.

Fast-Growing Markets, Morocco has the potential to grow 12.52% annually, the eighth fastest economy in the world according to International Monetary Fund(IMF). Below are the factors which make foreign investment in Morocco lucrative.

#8 Ghana

Are you a global investor looking for opportunities to invest in Africa? Ghana, specifically, has been ranked by Forbes as one of the 10 best countries to do business with due to its stable economic and political environment. Despite this, there is still plenty of room left for growth in various sectors such as real estate, manufacturing, natural resources, and others.

Most people are not able to invest in the stock market through their day jobs. And, if they do, they will likely be limited in the amount they can invest. But limited is not a word to be found when it comes to investing in Africa. There are a lot of opportunities for non-residents and even Ghana nationals to invest in the second-largest economy on the continent.

As the market continues to grow, many companies have begun to take interest in Ghana as a viable source of income. In recent years, there has been an influx of investment in Ghana, particularly from China and other Asian countries. While this is great for all of us, it may create some potential hazards for people new to the business world. So what should you look out for?

However, more and more investors are looking to diversify their portfolios and Ghana seems to be a popular option. It is the fastest-growing economy in West Africa. With the discontinuation of cocoa subsidies, this country is receiving a lot of attention. The country happens to be well-positioned to take advantage of the economic growth predicted in West Africa over the next few years.

#9 South Africa

Investing in South Africa is becoming increasingly popular among investors from all over the globe. It’s easy to see why. As one of the fastest-growing economies in the world, there are plenty of opportunities for investors everywhere. From stock markets (Johannesburg Stock Exchange) to Forex and even real estate, the potential for investing in South Africa is endless.

Investing in South Africa has become a popular way to diversify one’s portfolio away from markets such as the US or UK, where growth has been flat or negative over the past few years.

Investing in South Africa can be quite profitable if you know which investment options to choose. Over time, SA’s economy has grown and it’s now believed to be one of the most advanced and important ones in the region. This growth spurt has led to a number of attractive investment opportunities as well.

#10 Rwanda

Rwanda is an East African country that borders Uganda, Tanzania, and Burundi. It has a landmass of 30,355 square kilometers (11,776 square miles) and a population of 11.9 million according to the CIA World Factbook.

Rwanda’s economy has been growing significantly. Growth projections indicate a rush of investor excitement over Rwanda’s economic future, with major companies rushing in to take a piece of the pie. We have all heard the buzzwords: “Africa Rising” and “Rising Africa”.

Foreign investors are resorting to investing in Rwanda. The benefits of Rwanda as an attractive destination for foreign investments have resulted in a lot of renowned companies making investments in the country.


These ten African countries may not be perfect and they may never claim the top spots in worldwide rankings, but as places to invest in and to do business, they are pretty good. There is strong growth nationwide and in many of these countries, especially in Nigeria, Ghana, and Kenya.

The governments are moving toward privatization and welcoming foreign investment. These countries have a lot going for them and are making progress.

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