African cities with the greatest growth potential revealed

The new Kempinski Hotel Gold Coast City, Accra, Ghana.

Companies looking to expand into Africa should seriously consider setting up shop in Accra, Lusaka and Luanda. Angola’s capital Luanda is expected to see strong economic growth over the next five years.

This is if the recently released MasterCard African Cities Growth Index is to be believed. The index, produced on behalf of MasterCard by Prof. George Angelopulo of the University of South Africa, includes 19 sub-Saharan African cities, ranking them according to their economic growth potential between 2012 and 2017.

The capitals of Ghana, Zambia and Angola have been identified as the sub-Saharan African cities that have the greatest economic growth potential over the next five years. Sudan’s capital Khartoum is expected to show the lowest growth of all the cities included in the study.

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 (DRC)
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)
19. Khartoum (Sudan)

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