Business
Ghanaian capital Accra has the highest growth potential in Africa over the next 5 years – Study
“Companies that understand the shifting urban marketplaces relevant to their businesses and build an early presence with sufficient scale are likely to benefit from being the incumbent with better market access and higher margins. Looking at cities rather than countries can be eye-opening. Take laundry care products as an example. We expect to see more sales growth of these products in São Paulo than in either France or Malaysia over the next decade,” noted the report.
Below are the cities and their ranking:
1. Accra (Ghana)
2. Lusaka (Zambia)
3. Luanda (Angola)
4. Dar es Salaam (Tanzania)
5. Addis Ababa (Ethiopia)
6. Nairobi (Kenya)
7. Kampala (Uganda)
8. Johannesburg (South Africa)
9. Kinshasa (Democratic Republic of Congo)
10. Durban (South Africa)
11. Cape Town (South Africa)
12. Mombasa (Kenya)
13. Lagos (Nigeria)
14. Abuja (Nigeria)
15. Dakar (Senegal)
16. Harare (Zimbabwe)
17. Kano (Nigeria)
18. Abidjan (Côte d’Ivoire/Ivory Coast)
19. Khartoum (Sudan)
Source: How We Made it in Africa
