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NAIROBI, KENYA: Kenya has been ranked the ninth most attractive destination for investments in Africa.
According to the latest Africa Investment Index 2018 (AII) by Quantum Global’s, Morocco is the most attractive economy for investments flowing into the African continent.
According to the AII, Morocco ranks first on the index based on its increasing solid economic growth, strategic geographic positioning, increased foreign direct investment, external debt levels, social capital factors and overall favourable business environment.
“In spite of the improvements to oil production and prices, African economies are turning their attention towards diversification to stimulate industrial development, and to attract investments in non-oil strategic sectors,” said Prof Mthuli Ncube, Managing Director, Quantum Global Research.
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