Africa is home to six of the top 10 fastest growing countries in the world. Many African countries are resourceful and offer good returns on investments. The continent is full of opportunities for businesspersons who are willing take risks.
Here are the top 10 best African countries for business as of 2015, according to Forbes Business ranking.
10) Senegal (GDP: $15 billion, Trade Balance: -8.4%)
Senegal GDP growth rate is 4 percent. Its economy is driven by agriculture. The nation’s key export industries are phosphate mining, fertilizer production and commercial fishing. Senegal’s trade balance is -8.4 percent.
9) Ghana (GDP: $46 billion, Trade Balance: -11.3%)
Ghana’s inflation rate is 11 percent and trade balance is -11.3 percent. Its economy is strengthened by around 25 years of relatively sound management.