Morocco has taken top spot in the latest 2018 Africa Investment Index (AII), compiled by Quantum Global Research Lab. Morocco, Egypt and Algeria taking up the top three positions respectively in the ranking.
The AII is compiled by measuring six major factors—growth, liquidity, risk, business environment, demography and social capital. The index paints the picture of the investment attractiveness of countries in the medium term.
Morocco’s emergence as the top investment destination, one place up from last year, is attributed to its “receptive business environment” and “low risk profile.”
Quartz reports that Botswana is the highest ranked country in sub-Saharan Africa. It scores high marks in business environment and risk factor parameters.
The AII ranking:
5 Cote d’Ivoire
6 South Africa
Further reading on qz.com