FDI into Algeria has been stable over the past decade, but it is frequently outshone by its North African neighbours despite being rich in resources.
Middle East and North Africa
Investors are seeking business resilience in the sweet spot between responsible investing and FDI amid the Covid-19 crisis.
Egypt is one of the largest economies in Africa, and one of the continent’s biggest recipients of FDI. The Covid-19 crisis has hit the country hard, but it should avoid a recession.
Saudi Arabia’s largely underwhelming FDI performance over the years saw the country launch its Vision 2030 plan to diversify the economy and attract more foreign investment.
Saudi Arabia is promising to finally deliver on its renewable energy ambitions despite the Covid-19 pandemic and depressed oil prices.
Dr Rania Al-Mashat, Egypt’s Minister of International Cooperation, tells Investment Monitor how the pandemic has accelerated change in the country, especially in terms of gender policy.