Ranking of the Least Risky African Countries for Investors in 2025 (Henley & Partners)

Most African countries rank low in the table due to poor performance across several indicators, including political stability, governance, external accounts, and climate change resilience.

Mauritius, Tanzania, and Botswana are the least risky African countries for investors in 2025, according to a ranking published on Tuesday, October 21, 2025, by the UK-based citizenship and residency advisory firm Henley & Partners, in collaboration with the predictive analytics platform AlphaGeo.

The Global Investment Risk and Resilience Index is the first index measuring countries’ exposure to geopolitical, economic, and climate risks, as well as their capacity to adapt and recover. It is designed to help high-net-worth individuals, institutional investors, and companies determine how and where to allocate capital.

The index evaluates 226 countries and territories using 13 indicators and is structured around two pillars: risk and resilience.

The risk pillar measures national vulnerabilities that could negatively affect investment performance. Higher scores indicate higher risk. Indicators considered in this pillar include inflation levels, currency volatility, political instability, rule of law and regulatory quality, and physical climate risks.

The resilience pillar assesses a country’s capacity to absorb and adapt to radical changes, thereby protecting investments. Higher scores indicate stronger resilience. Indicators used to measure resilience include external accounts, fiscal space, economic complexity (technological know-how in production and export structures), gross fixed capital formation, innovation, governance quality, social progress, and climate change resilience.

Scores for each indicator and each pillar are assigned on a 0 to 1 point scale. The overall score for each country or territory is calculated using the following formula:

(Total resilience score – Total risk score + 1) × 50

This formula balances the contributions of both pillars and produces a final score on a 0 to 100 scale. The least risky countries for investors are those with the highest overall scores. By combining a country’s performance in both pillars into a single composite score, the index not only identifies high-risk cases but also highlights situations where strong resilience mitigates risks.

Mauritius, ranked 83rd globally, scores 62.20 points. This Indian Ocean island owes its top continental ranking mainly to a low-risk score, reflecting low currency volatility, an adequate legal and regulatory framework, and generally controlled inflation.

Tanzania (84th globally) ranks second in Africa, ahead of Botswana (86th), Seychelles (109th), Uganda (122nd), Cape Verde (125th), Namibia (138th), South Africa (145th), Morocco (148th), while Rwanda (151st) closes the African Top 10.

Globally, only three African countries appear in the Top 100, while most other African countries rank low due to poor performance in political stability, governance, external accounts, and climate change resilience.

At the global level, Switzerland is ranked the least risky country, followed by Denmark, Norway, Singapore, Sweden, Luxembourg, Finland, Greenland, the Netherlands, and Germany.