This marks a sharp rise from 32nd place in 2023, when Egypt attracted just $10 billion.
The World Investment Report 2024, issued by the United Nations Conference on Trade and Development (UNCTAD), revealed that Egypt successfully attracted $47 billion in foreign direct investment (FDI) during 2024—an impressive jump that propelled the country to 9th place globally among the top investment destinations.
This marks a sharp rise from 32nd place in 2023, when Egypt attracted just $10 billion.
The report highlighted a 75% surge in FDI inflows across Africa, which grew from $55 billion in 2023 to $97 billion in 2024.
Egypt led the continent in both growth rate and total investment attracted, achieving a staggering 373% year-on-year increase. It was followed by Ethiopia, Côte d’Ivoire, Mozambique, and Uganda.
Globally, the report noted a decline in overall FDI flows, which dropped by 11% to $1.5 trillion in 2024, down from $1.67 trillion in 2023.
However, newly established investment projects saw a modest 3% rise, reaching 19,356 projects.
While advanced economies experienced a sharp 22% decline in FDI, developing countries held steady, and the least developed countries saw a 9% increase.
In his remarks, Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, said that hosting the launch of the World Investment Report 2025 in Egypt reflects the country’s significant strides in expanding private sector investments, infrastructure development, and digital transformation.
He emphasized that Egypt’s economic vision is centered on building a globally integrated, competitive economy—where the private sector serves as the main engine of sustainable growth.
UNCTAD also cautioned that global FDI flows may continue to face pressure in 2025 due to escalating geopolitical tensions—particularly in the Middle East—as well as uncertainty surrounding global trade policies.
