Final answer:
The most invested sector in the African economy is the extractive industry, especially with diamond mining in Botswana, known for attracting significant capital investments. Africa's economy is still trying to integrate more fully into global trade, with only 3% of global foreign direct investment received in 2022. Stability in countries like Botswana encourages investment and growth, but many African countries still have underdeveloped manufacturing sectors.
Step-by-step explanation:
The sector of the African economy that has attracted the most investment money more than any other sector is the extractive industry, particularly in countries like Botswana where diamond mining dominates. This industry is a part of the primary economic sector which includes the extraction and production of raw materials. A good example of this can be seen in Botswana's significant capital investments which have been used to create a dynamic local economy. Additionally, the stability of Botswana's political landscape has been conducive to the attraction of foreign investments, not only in mining but also in tourism, due to the country's attractive tourist destinations like the Kalahari Desert and game reserves.
Despite the abundant natural resources and potential for economic growth, Africa's integration into global trade remains limited. As of 2022, it attracted only 3% of global foreign direct investment, highlighting the challenge of underutilization of the continent's economic prospects. The lack of a well-developed manufacturing sector, like that in South Africa, further emphasizes the reliance on primary sector activities for economic sustenance and jobs.
The role of various entities in bringing innovation and technology to Sub-Saharan Africa, such as mobile phone businesses, is significant and multi-faceted. Nonprofit organizations, governments, and businesses all have the potential to contribute to this development, depending on their capabilities and objectives.