South Africa: Nigerian Economy Gaining On Regional Heavyweight South Africa

Johannesburg — While South Africa remains the most appealing investment destination on the African continent, the economy of the continent's most populous nation, Nigeria, is growing quickly. A new survey from a major South African bank predicts that, within the next couple of years, Nigeria will be the most attractive country to investors.

For three straight years, South Africa has topped the "Where to Invest in Africa" survey done by Rand Merchant Bank, but this year the survey predicted the West African nation of Nigeria may overtake South Africa within the next two to four years.

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