Feranmi Akeredolu, contributing writer, a tech and business enthusiast
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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. These three markets form almost 50% of Africa’s nearly US$7trn market size, said the research team at Rand Merchant Bank (RMB).
Nigeria made a comeback into the top 10 this year helped by recovering oil prices and improved access to foreign currency. These three markets form almost 50% of Africa’s nearly US$7trn market size, said the research team at Rand Merchant Bank (RMB).