RMB Where to Invest in Africa 2024 Report: Mauritius & Seychelles as Top Investment Economies

Article Published on September 24, 2024

The 2024 edition of RMB’s Where to Invest in Africa Report provides a detailed analysis of the continent’s top investment destinations, assessing countries based on economic performance, investment climate, and human development. The report ranks 31 African nations, representing 92% of the continent’s economic activity, and offers valuable insights for investors navigating Africa's diverse and dynamic economic landscape.

Mauritius ranks second in the report, showcasing its strong position as a top investment destination. The country is recognised for its innovation, economic freedom, and high GDP per capita, making it a preferred location for investors seeking stability and growth in a well-regulated environment. Mauritius continues to develop as a global financial hub, with a focus on sustainability, fintech, and emerging sectors like renewable energy. Its strategic location, robust financial services sector, and progressive business policies enhance its appeal, offering investors access to both African and international markets. The country's investment-friendly climate, coupled with its emphasis on innovation and infrastructure, reinforces its position as a leader in the region.

Seychelles, ranked first, is noted for its high levels of personal freedom, human development, and a stable economic environment. Although smaller in economic size compared to Mauritius, Seychelles offers unique investment opportunities, particularly in sectors like tourism, sustainability, and renewable energy. Its strong regulatory framework and commitment to transparency make it an attractive destination for investors looking for security and long-term growth in Africa.