Casablanca 4th City for Opportunities in Africa: Report
Rabat – Casablanca has ranked the fourth city for opportunities in Africa in a study released last March by American consulting confirm PricewaterhouseCoopers, LLC (PwC).
The study based its assessment of the potential of African cities for investors on five factors: current infrastructure or future potential, the location, the nature of the opportunity, the unique “must-have” or “knock out” factors, and the time scale.
North African cities emerge as the most attractive destinations for foreign investors.
According to the same source, Africa’s lowest city of opportunities is Cairo. It is followed by Tunis, Johannesburg, Casablanca, and Alger.
The Moroccan economic capital ranks first in “economics” criteria, with a score that reaches 122—well above Cairo (114), Tunis (119), and Johannesburg (115). It also ranks first as the city with the highest number of headquarters of the top 500 companies in Africa. It ranks fourth in terms of GDP per capita, and fifth in terms of the attraction of foreign direct investments (FDI), behind Nairobi, Accra, Lagos, and Johannesburg.