Cote D’Ivoire Overtakes Nigeria as Africa’s Top Investment Destination
- Skid
- Mar 18, 2016
- 1 min read
Nigeria is no longer the top investor destination on the continent. Cote d’Ivoire is now at the top of Investor Destination rankings.
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Buoyed by a fast-growing economy and a lengthy period of political stability highlighted by successful elections last year, Cote d’Ivoire is now regarded as a prime destination for investment in Africa. Although that status could now be affected following a recent attack by Al Qaeda in the Islamic Mahgreb (AQIM).
Having been ranked as the top investor destination at the start of 2015, Nigeria has now fallen to fourth on the rankings. The ominous slide fits the narrative of Nigeria’s slowing economic growth amid a global slump in commodity prices.
