Algeria falls to eighth in African investment ranking
By the AFREEQUE newsroom, based on Maghreb Emergent
Illustrative image · RDNE Stock project · Pexels · Licence PexelsAlgeria has dropped from seventh to eighth in the 2026-2027 ranking of African economies for investment, compiled by South African bank Rand Merchant Bank using 20 indicators. The report, which assesses 31 countries, says hydrocarbons and foreign-exchange reserves equivalent to 18 months of imports bolster Algeria’s resilience to shocks, according to a study reported by Al Araby Al Jadeed.
Algeria has fallen from seventh to eighth place in the African investment attractiveness ranking, with a score of 0.16, according to Rand Merchant Bank’s (RMB) ‘Where to Invest in Africa 2026-2027’ report. The South African bank’s study assesses 31 economies using 20 indicators covering economic performance, market access, innovation, the investment climate, human development and resilience to shocks, among other areas.
Algeria’s foreign-exchange reserves cover the equivalent of 18 months of imports, supporting the country’s ability to absorb international economic fluctuations. Dependence on commodities nevertheless stands at 90%, according to the report’s data, which highlights the need to develop sectors and revenues outside hydrocarbons.
The Seychelles rank first, ahead of Mauritius and Egypt. Morocco moved up one place to fourth, with a score of 0.42, while Tunisia ranks 13th. Morocco’s car industry produced nearly 502,000 vehicles in 2025, representing 40.8% of African production, and foreign direct investment in the kingdom reached $3.3 billion that year, according to RMB.
