2018 Africa Investment Index : Morocco new investment capital of Africa

According to the 2018 Africa Investment Index (AII) compiled by Quantum Global Research Lab, Morocco is the top investment destination in Africa.

Thanks to its “receptive business environment” and “low risk profile”, Morocco was able to secure the first position as the top investment destination on the continent.

‘‘Morocco has been consistent in attracting an inward flow of foreign capital, specifically in banking, tourism and energy sectors and through the development of industry,’‘ said Prof. Mthuli Ncube, Managing Director, Quantum Global Research Lab

The index was released on March 26 on the sidelines of the Africa CEO Forum in Abidjan, Côte d’Ivoire, and showed that Northern Africa dominates the top of the list, with Morocco, Egypt and Algeria taking up the top three positions respectively.

Six major factors are measured to compile the “Africa Investment Index”: growth, liquidity, risk, business environment, demography and social capital

Here is the list of the top 10 most attractive investment destination in Africa:

Ranking    Countries

1 .                  Morocco

2.                  Egypt

3.                  Algeria

4.                  Botswana

5.                  Cote d’Ivoire

6.                  South Africa

7.                  Ethiopia

8.                  Zambia

9.                  Kenya

10.                Senegal

Botswana, fourth on the index, is the highest ranked country in sub-Saharan Africa, and offers investors the least risks on the continent. The country was Africa’s top destination on the index last year.

With its 8.4% average GDP growth in the past three years, Ethiopia takes the top spot for growth, and Seychelles was ranked as the most conducive business environment and, for social capital.

Source: Quartz
Gova-Media

Author: Gova-Media