06/12/2025
Ras El-Hekma anchors FDI surge as COMESA?s global investment share doubles
Foreign direct investment (FDI) into the Common Market for Eastern and Southern Africa (COMESA) surged to a record $65bn in 2024, marking a 154% year-on-year increase despite a global downturn in investment flows, according to the inaugural COMESA Investment Report 2025, jointly launched by UN Trade and Development (UNCTAD) and the COMESA Regional Investment Agency (RIA). The report attributes much of the dramatic rise to Egypt?s Ras El-Hekma mega-project. However, even excluding this project, FDI...
