Nigeria drops to 14 as Egypt tops Africa’s investment destinations

Nigeria drops to 14 as Egypt tops Africa’s investment destinations


Nigeria has dropped from Africa’s top 10 investment destinations to 14 as Egypt remains the number one nation.

This is according to a report by RMB titled, ‘Where to Invest in Africa 2021.’

According to RMB, a division of FirstRand Bank Limited, the ranking is based on countries operating environments.

RMB Africa Economist, Daniel Kavishe, said the pandemic ushered a new world and a new approach to this year’s list.

Kavishe said, “We created a new set of rankings that incorporated some of the unavoidable COVID-19-induced challenges, of which the…

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