{"id":643135,"date":"2026-10-27T21:02:29","date_gmt":"2026-10-27T21:02:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/643135\/"},"modified":"2026-10-27T21:02:29","modified_gmt":"2026-10-27T21:02:29","slug":"morocco-dethrones-africas-richest-country-as-most-attractive-investment-hub-as-manufacturing-growth-draws-investors-north","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/643135\/","title":{"rendered":"Morocco dethrones Africa\u2019s richest country as most attractive investment hub as manufacturing growth draws investors north"},"content":{"rendered":"


\n Morocco<\/a>\u2019s growing appeal is driven by its emergence as a major manufacturing hub, particularly in the automotive industry, alongside macroeconomic stability and its ability to attract substantial foreign direct investment. \n <\/p>\n


\n \u201cThe country has emerged as one of Africa\u2019s leading manufacturing hubs, particularly in automotive production, while maintaining macroeconomic stability and attracting substantial foreign direct investment,\u201d the report said. \n <\/p>\n


\n South Africa<\/a>, which has long been one of the continent\u2019s leading investment destinations, continues to benefit from deep financial markets, improving energy security and ongoing economic reforms. However, slower growth has cost it ground in this year\u2019s rankings. \n <\/p>\n


\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n Nigeria and C\u00f4te d\u2019Ivoire climb the rankings
\n
\n
\n
\n
\n \n <\/p>\n


\n Nigeria<\/a> recorded one of the most notable improvements, climbing seven places after a difficult period of economic adjustment. RMB attributed the country\u2019s progress to growing confidence that reforms, including fuel subsidy removal, foreign-exchange liberalisation and broader macroeconomic adjustments, are laying the groundwork for more sustainable growth. \n <\/p>\n


\n Although investors remain divided over the pace of Nigeria\u2019s recovery, the report noted that there is greater clarity about the country\u2019s economic direction. \n <\/p>\n


\n C\u00f4te d\u2019Ivoire<\/a> also continued its upward trajectory, rising from 16th place two years ago to seventh this year. Its progress reflects strong economic growth, infrastructure development, disciplined policy implementation and expanding hydrocarbon production, strengthening its position as a regional economic hub in West Africa. \n <\/p>\n


\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n Seychelles, Mauritius and Egypt retain top positions
\n
\n
\n
\n
\n \n <\/p>\n


\n Seychelles, Mauritius and Egypt<\/a> retained the top three positions for the third consecutive year, RMB said. \n <\/p>\n


\n The report ranks 31 African countries using 20 metrics grouped into four pillars: economic performance and potential, market accessibility and innovation, investment climate, and social and human development. \n <\/p>\n","protected":false},"excerpt":{"rendered":" Morocco\u2019s growing appeal is driven by its emergence as a major manufacturing hub, particularly in the automotive…\n","protected":false},"author":2,"featured_media":643136,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-643135","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/643135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=643135"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/643135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/643136"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=643135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=643135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=643135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}