What factors influence foreign investments to African countries? Factors such as; political risk, economic risk, financial risk, the presence or absence of stock markets (countries such as Ethiopia do not have a stock market to date), commodity prices, openness to trade, performance of stock markets in developed countries (if stock markets in developed countries are performing well, does this provide an indication that African countries will receive more foreign investments from these countries?) are some of the areas I analyzed. This was a relevant topic for me because I want to see change in Africa, and through such analysis we can also build the economy of our country and get better. I studied a panel of 35 countries using secondary data, looking at how different factors affect these countries.