Ghana Ranked 6th in Africa Investment Rankings

Ghana continues to be a prime investment destination in Africa, maintaining its 6th position overall for 2025 and 2026, according to a new report by Rand Merchant Bank (RMB).

The RMB’s ‘Where to Invest in Africa 2025/26’ report also highlights Ghana as the most attractive location for businesses in West Africa. This reaffirms the country’s growing economic stability and potential.

Seychelles once again topped the continental rankings, followed by Mauritius and Egypt in second and third places respectively. South Africa and Morocco secured the 4th and 5th positions.

The report places Algeria, Cote d’Ivoire, Tanzania, Kenya, and Ethiopia in positions 7th through 10th.

RMB emphasized that the index focuses on the fundamental, structural elements of African economies – factors that are robust and less prone to short-term fluctuations. “These are factors that are foundational, slow moving and robust rather than fickle, flighty and erratic,” the report stated.

As a result, RMB anticipates a degree of stability in the rankings over the next two years. “Industrial structures, populations and investment environments rarely change considerably over short spells,” RMB explained.

The report noted that a significant number of countries – 11 in total – have held onto their positions from the previous year. A further 14 countries experienced only minor shifts, moving between one and three places.

While seven countries saw movements of two to four positions, and six experienced larger shifts of five places or more, RMB suggests these changes still represent modest adjustments. “Larger rises or falls invite deeper analysis at a country analysis to better understand,” the report concluded, adding that such analyses are included within the full report.

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