CAIRO – 27 July 2026: Egypt ranked as Africa’s leading destination for foreign direct investment for the fourth consecutive year, attracting $15.5 billion in inflows and securing second place among Arab countries, according to Minister of Investment and Foreign Trade Mohamed Farid.
Speaking at the launch of the World Investment Report 2026, Farid said the UN Conference on Trade and Development report highlights major shifts in the global investment landscape, driven by geopolitical tensions, heightened national security concerns and changing investment priorities.
Global FDI inflows increased by 6%, but investment remained largely concentrated in technology and digital infrastructure. Developing economies attracted around $900 billion, while Africa received only about $70 billion.
Farid called for international mechanisms that would allow developing countries to convert part of their debt into investments supporting economic growth and sustainable development.
He said governments worldwide were increasingly reforming their investment environments by streamlining procedures, adopting digital solutions and identifying priority sectors to strengthen their competitiveness.
As part of Egypt’s efforts to improve its business environment, the government approved the creation of a unified digital platform for establishing companies and other economic entities.
The platform will cover 468 economic activities and consolidate licenses issued by 82 government bodies, allowing investors to complete incorporation and licensing procedures electronically within a shorter period.
Farid said the initiative is intended to reduce bureaucracy, simplify investment procedures and enhance Egypt’s overall investment climate.
The Ministry of Investment, in cooperation with the World Bank and the International Finance Corporation, has also identified 12 priority sectors for investment promotion.
The sectors include manufacturing, renewable energy, telecommunications and information technology, tourism, healthcare, agriculture, transport and logistics, financial services, textiles and automotive manufacturing.
The strategy aims to attract additional capital, expand local manufacturing and improve the competitiveness of the Egyptian economy.
Foreign Minister Badr Abdelatty said the UNCTAD report reflects the significant transformation of global investment patterns amid geopolitical tensions and the adoption of new industrial policies.
Despite regional and international challenges, Egypt has maintained economic stability and strengthened investor confidence through its economic reform program and cooperation with international financial institutions, he added.
Abdelatty said these measures helped Egypt retain its position as Africa’s top destination for foreign direct investment.
Comments
Leave a Comment