Ghana has dropped from 4th in 2016 to a current 5th position on the investment attractiveness index.
The 2017 report carried out by RMB provides a means to assess the most appealing of African investment destinations.
RMB's index considered the overlaying macroeconomic fundamentals with the pragmatics of doing business on the continent as the basis for the research.
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Ghana skids from its Number 4 spot last year to Number 5 for 2018. Although it outshines Ethiopia in most aspects of doing business, Ghana’s operating score fell by 16ppt due to perceptions of worsening corruption and weaker economic freedom.
Under its new political dispensation, however, economic activity is gradually picking up.
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The 2017 Top 10 African countries to invest is quite different from those of previous years. Here is how other African countries faired on the investment index.