Botswana Is The Most Attractive Economy For Investments Flowing Into Africa

Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 by Quantum Global’s independent research arm, Quantum Global Research Lab. According to the Index, Botswana, scores highly based on a range of factors that include improved credit rating, current account ratio, and import covers and ease of doing business. “Despite considerable external challenges and the fall in oil prices, many of the African nations are demonstrating an increased willingness to achieve sustainable growth by diversifying their economies and introducing favourable policies to attract inward investments. Botswana is a case in example – its strategic location, skilled workforce and a politically stable environment have attracted the attention of international investors leading to a significant influx of FDI.” Prof Mthuli Ncube, Head of Quantum Global Research Lab said.

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According to the report, the top five African investment destinations attracted an overall FDI of $13.6bn. Botswana is followed closely by Morocco, Egypt South Africa and Zambia respectively. Mthuli further commented: “With a population of over one billion people and rapidly growing middle class, Africa clearly offers significant opportunities to invest in the continent’s non-commodities sectors such as financial services, construction and manufacturing amongst others. However, structural reforms and greater private sector involvement are crucial to unlocking Africa’s true potential.” Quantum Global is an international group of companies active in the areas of private equity investments, investment management as well as macroeconomic research and econometric modelling

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