Africa’s contribution to the global GDP currently stands at 3%, contributing only 2% to the world’s manufacturing value add (UNIDO 2024). In 2023, the World Bank notes that more and better private sector jobs are needed to improve the lives and livelihoods of people in the region.
According to the UNECA new estimate suggests a financing gap of $2.5 trillion for all emerging and developing countries and $200 billion–$1.3 trillion for Africa. Because Africa’s population is expected to grow by 43% over 2015–2030, the gap could reach $19.5 trillion by 2030. Below are the Top 10 African countries attracting the largest private sector investments, as noted by the World Bank.
Below are the top 10 African countries leading in private sector investments:
| Rank | Country | Investment |
| 1 | South Africa | $5.07 billion |
| 2 | Nigeria | $3.96 billion |
| 3 | Egypt | $3.37 billion |
| 4 | Ethiopia | $2.29 billion |
| 5 | Cote D’Ivoire | $2.18 billion |
| 6 | Kenya | $1.7 billion |
| 7 | Guinea | $1.5 billion |
| 8 | Mozambique | $1.32 billion |
| 9 | Morocco | $0.87 billion |
| 10 | Cameroon | $0.8 billion |
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* Source: World Bank; United Nations Economic Commission for Africa (UNECA); Business Insider Africa; Nairametrics.
