In 2024, Morocco stands out on the continental scene by placing at the top of the Attractiveness Index with a score of 77.45, while consolidating its second position in the Stability Index, according to the 12th edition of the Indices. ‘attractiveness and stability in.
These indices, established as essential references, offer a dynamic and comparative perspective on the performance of African countries in terms of attractiveness and stability. They make it possible to analyze the economic trajectories and multidimensional stability of African nations, based on more than 70 sub-indicators collected from international data, national statistics and evaluations, as part of this study carried out in partnership with Casablanca Finance City Authority (CFCA).
The 2024 results highlight that a country’s ability to attract investment is closely linked to the strength of its institutions, security and the quality of its governance. Countries such as Morocco, Mauritius and Cape Verde illustrate this correlation perfectly, showing excellent results on both indices thanks to structured policies and stable regulatory frameworks.
In 2024, Morocco reaffirms its position by landing first place in the Attractiveness Index with an overall score of 77.45, and second place, an improvement compared to 2023, in the Stability Index. The Kingdom presents a remarkable performance in terms of “Regulatory Quality”, with a score of 82.25, testifying to a business-friendly environment, supported by high-quality infrastructure and policies favorable to entrepreneurship. Its high score in “Factor Productivity”, amounting to 77.75, highlights the importance of its qualified human resources as well as the robustness of its financial system.
It should be noted that since the creation of these indices in 2012, Morocco stands out as the only North African country and the only economic power on the continent to have maintained a constant position among the best performing African countries within the Stability Index.
In terms of attractiveness, South Africa ranks second with an overall score of 76.88, followed closely by Egypt which scores 75.80, Mauritius with a score of 75.20 , while Botswana is in fifth place with a score of 70.03, thus concluding the top 5 in the ranking. Furthermore, the five countries have maintained their position, demonstrating stability in their economic attractiveness, the Institute said.
In terms of stability, Mauritius tops the list with an overall score of 77.25. Seychelles ranks third (75.43), Cape Verde fourth (74.13), while Botswana is again in fifth position with a score of 70.40.
Note that the 2024 edition of the African Attractiveness and Stability Indices highlights the crucial link between political and socio-economic stability and the attractiveness of the investment climate. Indeed, the solidity of institutions and dynamic and effective governance establish a climate of confidence conducive to investment, thus attracting foreign capital and promoting inclusive growth. Conversely, the challenges posed by political instability, regional tensions and excessive dependence on natural resources highlight the vulnerability of certain African economies.
