Ghana maintained its 6th position on the African continent to invest in 2025 and 2026, according to Rand Merchant Bank.
In its report titled “Where to Invest in Africa in 2025/26”, Ghana is the number one best place to do business in West Africa.
Seychelles retained its number one position on the continent in investing.
It was followed by Mauritius and Egypt in 2nd and 3rd respectively. South Africa and Morrocco placed 4th and 5th respectively.
From 7th to 10th are Algeria, Cote d’lvoire, Tanzania, Kenya and Ethiopia respectively.
The RMB Where to Invest in Africa Index focused on fundamentals – what economists refer to as structural elements. These are factors that are foundational, slow-moving, and robust – rather than fickle, flighty, and erratic.
“We, therefore, anticipate most countries to maintain their respective rankings from year to year. Industrial structures, populations, and investment environments rarely change considerably over short spells”, RMB based in South Africa mentioned.
Hence, the report said it is unsurprising that 11 nations retain their positions in this year’s report. Modest moves of between one and three positions apply to a further 14 countries. “So, just over half of our countries moved at most one position”.
A total of seven countries moved between two and four positions – admittedly interesting, but still modest. Just six countries experienced moves of five places or more.
“Larger rises or falls invite deeper analysis at a country analysis to better understand. We expand on these throughout the report”, it concluded.
