Egypt leads Africa in FDI inflows for fourth consecutive year

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Egypt has led Africa in foreign direct investment (FDI) inflows for the fourth consecutive year, pulling in $15.5 billion. The country also ranks second among Arab nations, reflecting strong investor confidence linked to its economic reform initiatives.

Egypt ranked first in Africa for attracting foreign direct investment (FDI) for the fourth consecutive year, recording inflows of $15.5 billion, while also placing second among Arab countries, reflecting investors’ confidence in the Egyptian economy and the country’s economic reform program, Minister of Investment and Foreign Trade Mohamed Farid Saleh said. Speaking on Monday, July … The post Egypt leads Africa in FDI inflows for fourth consecutive year appeared first on Egypt Independent.