(3 Minutes Read)
The two economies -Seychelles and Mauritius- stand out in an investment climate in Africa. Otherwise, there is significant turbulence in the region, RMB said.
Seychelles and Mauritius topped a ranking of African investment destinations, while South Africa’s ranking dithers. South Africa’s attractiveness deteriorated because of the nation’s weak economic indicators, according to the Rand Merchant Bank (RMB).
The two Indian Ocean Island nations outperform the continent when measured by a combination of their economic performance, market accessibility, investment climate, and social and human development, the Johannesburg-based lender said in a report published recently. Egypt was third in RMB’s ranking. RMB assessed 31 nations on the continent in the report published.
Read Also:
https://trendsnafrica.com/mauritius-appoints-krishnadas-as-trade-commissioner-to-south-india/
The two economies -Seychelles and Mauritius- stand out in an investment climate in Africa. Otherwise, there is significant turbulence in the region, RMB said. Geopolitical tensions caused by Russia’s war in Ukraine and the conflict between Israel and Hamas have impacted trade flows, while persistent global inflation has forced central banks to maintain high interest rates and keep the cost of funds.
