The United Nations Conference on Trade and Development (UNCTAD) reveals in its latest report that FDI inflows have increased in four of Africa's regional economic groupings over the past five years. The Economic Union of West African States (UEMOA) has experienced the 2nd highest growth in FDI in Africa in the last five years

UEMOA showed 100% growth in FDI flows, placing it in 2nd place in the ranking after SADC. According to the UNCTAD report, FDI flows to the zone doubled, reaching $5.2 billion in 2022, compared to $2.7 billion in 2018

During this period, FDI to Senegal ($9 billion) has been dynamic, despite the global economic crisis triggered by the Covid-19 pandemic. These investments were driven mainly by extractive activities (mining, oil and gas). Côte d'Ivoire, for its part, displayed economic dynamism and socio-political stability during this period, which enabled it to attract foreign investments worth $5.2 billion, mainly in the natural resources, agriculture and services sectors

Guinea-Bissau remains, however, the EU country with the fewest FDI inflows ($156 million in five years), despite the peak of flows of $72 million recorded in 2019.

In addition, the report indicates that, with FDI inflows of $10 billion, the Southern African Development Community (SADC) is in first position with growth of 300%. FDI flows to the Common Market for Eastern and Southern Africa (COMESA) increased by 14% to $22 billion, while those to the East African Community (EAC) increased by 9%, to $3.8 billion