Nigeria Ranks 9th In Top 10 Most Promising African Countries For Investment

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Africa Nouvelles

Nigeria

Nigeria, with its $375 billion GDP and population of 220 million, was ranked 9th among the most promising African countries for investment.

Africa's economic potential is often overlooked compared to the booming growth seen in parts of Asia and North America. Countries like the United States, Vietnam, China, and Mauritius have gained reputations for their fast-growing millionaire populations and boisterous economies.

However, the report also emphasised that for those investors able to navigate Nigeria’s complexities, the potential rewards can be substantial. “Great benefits are available to those who succeed” in Nigeria, the report stated.The report noted that the small island nations of Seychelles and Mauritius topped the list due to their high economic freedom. As well as high innovation, and human development, despite the limitations of their small populations and economies.

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