In this survey, EY analyses the attractiveness of Africa as an investment destination with the objective to assist businesses in making investment choices and governments to remove barriers to growth.
The survey uses a two-step methodology that analyses both the reality and the perception of Foreign Direct Investment (FDI) on the continent. EY defines the attractiveness of Africa as a combination of image, investors’ confidence and the perception of the region’s ability to provide the most competitive benefits for FDI.
Some of the findings include:
- FDI project numbers down, but values up considerably, with Africa receiving the second highest FDI capital in the world (y-o-y growth of 136%)
- Sub-Saharan Africa will be second fastest-growing region in the world this year, with 22 economies growing at 5% or higher
- Investor perceptions have softened, but those with business interests in Africa remain overwhelmingly positive
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