South Africa, Nigeria and Kenya top 3 investment destinations in Africa.

Habdavi

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International investors choose South
Africa , Nigeria and Kenya as the best
African countries on the continent for
investment in 2011. A survey conducted by
Africa Business Panel among 800
business professionals involved with Africa
shows that these 3 countries were
earmarked as the continent’s favourites
when it comes to international investment.
Ghana, Angola, Tanzania, Rwanda,
Botswana, Uganda and Mozambique are
the runners up and complete the top ten
countries for investment out of 53
economies on the African continent.
Virtually all African economies show
promising year-on-year growth. This is
attracting the attention of the international
investor community who increasingly see
Africa as ‘the last frontier’ for attractive
growth opportunities. Research and
numerous survey results among the
international investor community
consistently indicate that investors expect
over half of the ten fastest growing
economies in the world in 2011 to be
African.The Africa Business Confidence
Index has published a month-on-month
business confidence index since January
2011. The index results for Africa based on
surveys of 800 business professionals from
more than 30 countries on the continent
consistently show growth. Calculations are
based on the purchase managers index
methodology used globally. The outcome of
the business confidence index for the
African continent is consistent with the
trust of the international investor
community. The manufacturing business
confidence index for May is 53.8 and for
non-manufacturing 57.1 for the same
month. Any number over 50 indicated
growth.
It is no coincidence that the top-10
countries selected by the international
investor community in 2011 are all sub-
Saharan. Northern Africa has suffered a set
back in confidence from investors owing to
the political turmoil which started at the
beginning of the year.
Another interesting outcome with regard to
the most attractive African economies to
invest in is the fact that they are among the
largest on the continent and – with the
exception of Rwanda – non-Francophone.
The top-10 African countries selected
by the international investor community
in 2011 in order of preference:
1. South Africa
2. Nigeria
3. Kenya
4. Ghana
5. Angola
6. Tanzania
7. Rwanda
8. Botswana
9. Uganda
10. Mozambique
 
kumbe ni ya 2011.. sasa hivi Tanzania ndio inaongoza east africa kwa kuvutia wawekezaji.

We are talking kwa ku2mia data za 2013. 2011 is too outdated.
 
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