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ARTICLE · 14 SEPTEMBER 2021

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African Countries To Invest In

The African continent is a largely untapped market. With 54 countries and an estimated over 1.366 billion inhabitants (16.72% of the world population), Africa presents a valuable target for small businesses and large corporations alike.

South AfricaStrategy

The African continent is a largely untapped market. With 54 countries and an estimated over 1.366 billion inhabitants (16.72% of the world population), Africa presents a valuable target for small businesses and large corporations alike.

The countries of Nigeria, Egypt and South Africa are currently considered the largest markets in Africa. Nigeria has a population size of over 210 million. Egypt has a population of over 102 million and has strong trade ties with Europe and Asia. South Africa has a population of over 59 million and has a vastly diverse economy.

Mauritius, with a population of only 1.26 million, is also regarded as a top-performing country, having been able to implement major economic reforms to drive economic growth. In July 2020, Mauritius became a "High-Income Economy", as defined by the World Bank. Reforms contributing to the growth in Mauritius include the major reduction in the number of days needed to start a business, improving data portals

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