Top 10 Countries To Invest In Africa

Painting Africa with the same economic brush is always a mistake; the Africa Rising narrative has cooled down since growth lost momentum in some countries and investors have become more strategic with chasing investment deals. Egypt remains the most appealing for investors, according to RMB’s Where to Invest in Africa. The Arab country has stabilised its economy since the revolution and coup a few years ago. South Africa continues to be strategic for investors coming into the continent. Nigeria made a comeback into the top 10 this year helped by recovering oil prices and improved access to foreign currency. Morocco is positioning itself as the new gateway to African markets, whilst Ethiopia has one of the world’s fastest-growing economies. Kenya still leads investments in East Africa and is joined by Rwanda and Tanzania for their stable poltical environments. Ghana and Cote d’Ivoire close off the list with opportunities in the cocoa and agricultural industries.SOURCE: AFRICA.COM

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