Investor protection has become a key determinant for attracting international capital. A strong legal framework, clear regulatory reforms, and security mechanisms for investments allow a country to position itself as a reliable and competitive destination for investors.
Already, 2024 was a record year for Africa, with foreign direct investment (FDI) flows up 84% compared to previous years, reaching a total of 54 billion dollars, according to the United Nations Conference on Trade and Development (UNCTAD).
To identify the most attractive countries, the special team at The African Exponents publishes its ranking of the ten countries with the strongest investor protection in 2025.
This assessment makes it possible to confirm the types of legal frameworks of the reforms implemented and the concrete impact of these measures on their economies.
Tunisia, an evolving destination
The African Exponent places Tunisia in 9th position. The study highlights that the Tunisian legal and regulatory environment has significantly evolved and strengthened over recent years, becoming particularly favorable to investments, especially in the manufacturing, technology, and renewable energy sectors.
The country has multiplied tax incentives to attract foreign investors, with exemptions from income tax and corporate tax, particularly in its two special economic zones.
As a reminder, in 2024, Tunisia experienced a 21% growth in FDI, reaching 936 million dollars.
Egypt, the top destination for foreign investment
Egypt ranks first in Africa for investor protection, thanks to tax exemptions, reductions in customs duties, and a favorable regulatory framework.
In 2024, the country attracted 46.8 billion dollars in FDI.
It is followed by Rwanda, which stands out for its transparent governance and incentive policies, and then South Africa.
Morocco comes in 4th position, supported by the Casablanca Finance City (CFC) indicator, which offers tax benefits and simplified procedures for foreign investors.
Behind this Top 5, Kenya, Mauritius, Ghana, Senegal, and Botswana also display convergent strategies: political stability, modernization of infrastructure, and adapted regulatory frameworks, creating an environment conducive to foreign investment.
