Skip to content
Insights Centre
Indicators · Banking and capital markets

Portfolio equity, net inflows

Net purchases of local shares by foreign investors that do not give them control (below 10 per cent of a company), in US dollars.

Why it matters

Shows whether foreign money is moving into or out of listed markets, a quick read on sentiment.

Read with care

Volatile year to year and often negative. Small markets report little or nothing.

Source

World Bank

US$. 50 African countries, 1990 to 2025.

Portfolio equity: highest in Mauritius, lowest in South Africa


Portfolio equity, net inflows, US$. Latest year available, mostly 2025. 15 of 16 countries have data.

$-28m
$-23m
$0
$3m
$5m
No data
Loading map…
Source: World Bank· Get the data (Professional)·dotzedw Insights Centre

Ranked: portfolio equityiWhy it mattersShows whether foreign money is moving into or out of listed markets, a quick read on sentiment.


Click a country to highlight it.

$-1bn$-500m$0Mauritius$3.2bn (2024)Seychelles$12.9mTanzania$5.5m (2024)DRC$5.0mBotswana$3.7mNamibia$3.3m (2024)Mozambique$3.0m (2020)Madagascar$337k (2017)Lesotho$200kMalawi$30,000.0 (2024)Comoros$0.0 (1995)Eswatini-$13,880.7 (2024)Zimbabwe-$22.6m (2024)Zambia-$28.3mSouth Africa-$1.2bnAxis cut: longest bar not to scalemedian $337k
dotzedw Insights Centre
How spread out SADC is
Median $337kLowest: South Africa -$1.2bnHighest: Mauritius $3.2bn

Over time

Ten years of history for every indicator is free with a Reader account

Sign up with your email address on dotzedw.com and you come straight back to this page. Your free account also brings the weekly SADC Deals Brief and five full deal records a month. Already have an account? Sign in.

Portfolio equity, net inflows against income per person


Each bubble is a SADC country, sized by population. Dashed lines mark the SADC medians. Countries far from the pattern are worth a closer look.

-$1.0bn$0.0$1.0bn$2.0bn$3.0bn$1,000$3,000$10kGDP per person, US$ (log scale)Portfolio equityDRCTanzaniaSouth AfricaMozambiqueZambiaZimbabweNamibiaBotswana
Source: World Bank, World Bank·dotzedw Insights Centre

Table

The same figures as the map, for screen readers and copying.
RankCountryValueYearFive-year changeGradeDetails
1Mauritius$3.2bn2024up 653% since 2019A
2Seychelles$12.9m2025up 135% since 2020A
3Tanzania$5.5m2024little changed since 2019A
4DRC$5.0m2025up 190% since 2020A
5Botswana$3.7m2025down 58% since 2020A
6Namibia$3.3m2024down 65% since 2019A
7Mozambique$3.0m2020up 10914% since 2009B
8Madagascar$337k2017up 6350% since 2011B
9Lesotho$200k2025little changed since 2020A
10Malawi$30,000.02024down 94% since 2015A
11Comoros$0.01995little changed since 1990B
12Eswatini-$13,880.72024down 100% since 2010A
13Zimbabwe-$22.6m2024up 58% since 2019A
14Zambia-$28.3m2025down 1071% since 2020A
15South Africa-$1.2bn2025up 77% since 2020A
–AngolaNo recent data