Ahmad 
The United Nations Trade and Development Organization (UNCTAD) announced that Egypt topped the list of the top ten African countries with the highest rates of foreign direct investment for the year 2023.
The World Investment Report 2024, issued by UNCTAD, stated that Egypt attracted foreign direct investments worth $9.841 billion during the past year.
South Africa came in second place, with its FDI rate reaching $5.2 billion in 2023, compared to $9.2 billion in 2022, representing a significant decline.
Global foreign direct investments fell by 2% to $1.3 trillion in 2023, amid an economic slowdown and escalating geopolitical tensions.
The report indicated that crises, protectionist policies, and regional reorganization were among the main factors that caused turmoil affecting the functioning of global economies.
The report added that the Democratic Republic of the Congo was among the ten lowest countries in terms of rates of foreign direct investment, recording $1.635 billion.
The United States is looking for new allies in Africa after its withdrawal from Niger