Home Business Eswatini slips to 30th in Africa investment rankings
Business

Eswatini slips to 30th in Africa investment rankings

Share
Share

MBABANE – Eswatini has dropped to 30th position in the 2026/27 edition of Rand Merchant Bank’s (RMB) Where to Invest in Africa report.

The country fell behind 29 other African economies assessed for their relative attractiveness as investment destinations.

The kingdom recorded an overall score of -0.54 in the investment attractiveness model, placing it below the hypothetical African average of zero.

Only Zimbabwe, which ranked 31st with a score of -0.65, was positioned lower.

The latest result represents a one-place decline from 29th position in the 2025/26 edition.

However, Eswatini had also occupied 30th position in the 2024/25 rankings, meaning its overall standing has returned to where it was two editions ago.

The country’s performance contrasts with that of several regional peers, including Namibia, which climbed to 14th, Botswana at 15th and Zambia at 17th. Lesotho, meanwhile, recorded one of the largest improvements in the latest edition, rising four places to 26th.

RMB Where to Invest in Africa (WTIIA) rankings by year

The report’s findings are contained in RMB’s 2026/27 investment attractiveness assessment, which compares 31 African countries using 20 indicators covering economic performance, market accessibility, investment conditions and human development.

Together, the countries analysed account for approximately 90th of Africa’s gross domestic product (GDP), 83 per cent of its population and 61 per cent of its land area.

While the rankings offer an indication of how countries compare as potential investment destinations, RMB cautions that no single ranking can determine whether a particular country is suitable for every investor.

The relative importance of market size, institutional quality, economic growth and other factors depends on the nature of the investment being considered.

For Eswatini, the more important question is what the report reveals about the structural characteristics affecting its attractiveness and how these could be addressed.

RMB Where to Invest in Africa (WTIIA) 2026/27 final rankings and scores

Share
Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Don't Miss

Socialites, banker arrested in E396 000 fraud case

MANZINI – Two socialites and a banker have been arrested in connection with an alleged fraud involving more than E396 000. The accused...

34 cops graduate in police science

MANZINI – Thirty-four police officers have graduated with diplomas in Police Science as the police service seeks to strengthen its response to emerging...

MaMkhize back for ‘Bull’ after China trip

MBABANE – Mbabane Highlanders AM president Shauwn ‘MaMkhize’ Mkhize is back home after a business trip to China, declaring that her presence is...

Prince Africa Zulu appointed royal vice chancellor

MBABANE – King Misuzulu kaZwelithini has appointed Prince Africa Zulu of Onkweni as Royal Vice Chancellor of the Zulu Kingdom. The appointment took...

Bishop Vusumuzi Makuluve confirms separation from wife

MANZINI – Founder and senior pastor of God Cares Christian Fellowship, Bishop Vusumuzi Makuluve, has confirmed the end of his marriage to Nolwazi...

Related Articles

FNB launches enhanced eWallet Plus service

MBABANE - FNB Eswatini has launched eWallet Plus, an enhanced version of...

AfDB backs reforms as arrears fall to E2.7bn in 3yrs

MBABANE - Government arrears have declined to E2.7 billion as Eswatini advances...

Select’s parent SBC posts mixed interim results

MBABANE – Select’s parent company, SBC Limited reported mixed financial results, with...

US Embassy to auction vehicles, furniture, electronics

MBABANE - The US Embassy in Eswatini will auction a range of...