From Cairo to Nairobi, via Cape Town or Casablanca, here are the top ranked African cities to start or continue your business adventure.
Here is a quick reminder of nowadays facts:
- the African continent has numerous business opportunities for entrepreneurs to invest their time, money and resources: Fintech (as of 2021, there were 576 fintech startups with headquarters in Africa, a figure that increased from 491 in 2019, a 17.3% growth), Healthcare, Agriculture, E-commerce and Packaged Food Manufacturing
- the continent's population is expected to exceed 2 billion by 2050
- natural resources (diamonds and gems, sugar, salt, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum, cocoa beans, tropical timber…)
- one of the fastest growing economies in the world (according to World Bank figures, emerging and developing economies, most of which are in Africa, grew by 6.3% at the end of 2021)
Below rank established by Statista gathers 4 subindices : economy (economic strength & level of development), society (population development, areas of education & standard of living), operational environment (infrastructure & logistics) and charisma (tourism, culture & the environment).
Read the article here : https://www.cooptalis.com/en/blog/best-cities-africa-business
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