In-Briefs

Africa: South Africa Remains Top African Investment Destination

September 20, 2012
| Economics
| Africa

Rand Merchant Bank issued a new report listing South Africa as the most attractive investment destination in Africa . . . Egypt and Nigeria ranked a close second and third . . . Ghana ranked fourth and Tunisia ranked fifth on the list . . . Djibouti, São Tomé and Príncipe, Eritrea, Guinea-Bissau and Comoros ranked lowest on the list . . . the report considered market size, gross domestic product, growth rate, and operating environment . . . Africa is making strong efforts to court international investment and improve economies, but political instability, legislative uncertainty, theft and violence continues to hamper investment . . . the region competes for investment dollars with emerging markets in other regions with greater stability, and will have to increase security and rule of law to win investor confidence.  

 


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