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FLASH| Cote D’Ivoire Overtakes Nigeria as Africa’s Top Investment Destination

by on March 18, 2016
 

Nigeria is no longer the top investor destination on the continent.  Cote d’Ivoire is now at the top of Investor Destination rankings.

Nielsen Holdings plc is a global performance management company that provides a comprehensive understanding of what consumers watch and buy. Nielsen’s Watch segment provides media and advertising clients with Total Audience measurement services for all devices on which content – video, audio and text – is consumed.

Buoyed by a fast-growing economy and a lengthy period of political stability highlighted by successful elections last year, Cote d’Ivoire is now regarded as a prime destination for investment in Africa. Although that status could now be affected following a recent attack by Al Qaeda in the Islamic Mahgreb (AQIM).

Having been ranked as the top investor destination at the start of 2015, Nigeria has now fallen to fourth on the rankings. The ominous slide fits the narrative of Nigeria’s slowing economic growth amid a global slump in commodity prices.

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