Egypt first investment-magnet country in Africa - African bank

CAIRO - 3 October 2019: The Rand Merchant Bank ranked Egypt as the first investment-magnet country in Africa for the third year in a row to be followed by Morocco and South Africa.

A report by the bank on Thursday attributed Egypt's ranking to the improvement in the business environment in the country.

The bank based its assessment on six sectors; financing, mining, information technology, industry, construction and retail trade.