Business

Nigeria Remains Africa’s Giant In The Business World (See Rank)

Published

27 January 2020

3:46 PM

Nigeria Ranked Best African Nation For Doing Business

Nigeria now ranks as the number one country currently to do business in Africa.

It is ranked above Egypt and South Africa who are 2nd and 3rd respectively while Ghana and Rwanda made it to top 10 at 9th and 10th respectively.

According to the Five Thousand Miles, a Portuguese company that specializes in international business development, particularly in Africa data and ranking were arrived at after considering and comparing economic indices. such as Population, Nominal GDP, Foreign Reserves, GDP Growth Rate, Transparency Index, Ease of doing Business, GDP Per Capital And Current Account Balance.

See the list of the top ten countries for doing business in Africa below:

Nigeria
Egypt
South Africa
Mauritius
Morocco
Seychelles
Algeria
Kenya
Ghana
Rwanda

The special aid to President Muhammadu Buhari, Bashir Ahmed has also reacted to the development on his twitter handle. He wrote on the top 10 countries for doing business in Africa. Nigeria is number one! ????

here is his tweet below