Latest Index Ranking Reveals Top Business Cities In Africa

Database company, Statista, has published its Global Business Cities Index report which detailed some of the world’s top cities for doing business. Out of 200 cities contained in the report, only eight are in Africa.

Statista stated that in compiling the report, some factors relevant to business decision makers were incorporated. They included: Cities’ suitability for business location, population size and GDP. Other sub-indices that were also considered include cities’ economic strength, level of development, state of infrastructure, standard of real estate, standard of living, quality of life and tourism potentials.

Using these considerations, African cities were compared to their global and regional peers and then given index scores. Three North African cities made the list, followed by two in South Africa, two in West Africa and one in East Africa.

Below are 8 top business cities in Africa, along with their index scores.

1. Cairo: This Egyptian city was ranked as the top best city for business in Africa. Its global business cities index score is 31.84.
2. Algiers: The Algerian capital’s global business cities index score is 31.32.
3. Johannesburg: This South African city has a global business cities index score of 30.33.
4. Casablanca: This Moroccan city has a global business cities index score of 28.84.
5. Nairobi: Kenya’s capital city has a global business cities index score of 24.01.
6. Cape Town: This city has a global business cities index score of 17.14.
7. Accra: The Ghanaian capital has a global business cities index score of 16.48.
8. Lagos: Nigeria’s commercial capital has global cities index score of 10.70.

Statista is a German company specializing in market and consumer data. According to the company, its platform contains more than 1,000,000 statistics on more than 80,000 topics from more than 22,500 sources and 170 different industries, and generates a revenue of about €60 million.