The latest World Investment Report by UNCTAD revealed that Foreign Direct Investment (FDI) flows to Africa slightly decreased by 3% in 2023, amounting to $53 billion. This decline was notably influenced by Egypt and South Africa, with varying FDI trends observed. However, Africa experienced a surge in global greenfield megaprojects, with Mauritania leading the way with a groundbreaking green hydrogen initiative attracting investments projected to surpass $34 billion. Additionally, the renewable energy sector saw significant investments in wind and solar electricity production in countries like Egypt, South Africa, and Zimbabwe. Morocco also secured a major deal for an electric vehicle battery manufacturing facility. Key investors in Africa include the Kingdom of the Netherlands, France, the United States, the United Kingdom, and China, indicating diverse international interest. Regional analyses showed mixed outcomes, with North Africa witnessing a 12% FDI decline, West Africa experiencing a slight dip of 1%, Central Africa facing a 17% decline, and East Africa navigating a modest 3% decrease. Southern Africa, particularly South Africa, saw a significant 43% drop in FDI inflows. Despite these fluctuations, FDI inflows across major African groupings have expanded compared to 2018 levels, reflecting ongoing investor confidence amidst changing economic landscapes. This data highlights Africa's evolving FDI dynamics, emphasizing a resilience in greenfield investments and strategic shifts in regional economic strategies that are expected to drive sustainable development in the future.