Africa’s Most Commercially Viable Cities

The importance of trade and commerce to a country’s economic development cannot be overstated. Countries are continually trading with one another on a daily basis. Africa’s commercially viable cities are in the eyes of business tourists who are interested in investing in the continent and get a high return in interest.

The African continent has developed as a bedrock of cultures and commercial activities since the colonial period. It’s a cutting-edge technological, business innovation, and urban renewal hub. Africa has flourished in its examination of all indices rules, and it now has a population of over one billion people. According to research and statistics, it will be home to 40% of the world’s children by 2050.

Even when municipal governments fail to provide basic human amenities and infrastructure that support greater encounters, we can claim without a doubt that there is a ripple effect of the wild creative environment stretching over the continent.

From South Africa’s wildlife parks to Kenya’s safaris, Egypt’s pyramids, and the north’s deserts, Africa is capitalising on its unique environment.

Here are is a rundown of Africa’s most commercially viable cities.

Cairo

Cairo is Egypt’s capital and the Middle East’s most populous city. The city, which is home to 11% of Egypt’s population, appears to be the busiest for business. The vast majority of the country’s trade starts here. Due to its important location in the Middle East, it also has a considerable international presence, allowing for a large amount of investment in the city. The negative is that the city’s growth has not been fully matched by public services and infrastructure, not to mention the country’s persistent political uncertainty.

Johannesburg

This is South Africa’s largest metropolis and one of the world’s most important economic centres. Jo’burg has a strong international presence, and its credentials as a financial and technical centre are undeniable.

Some of the gems on show in this lovely city are construction and mining sites. It also serves as the seat of the country’s main government. The city, however, is not without flaws; a high crime rate, a stagnant middle class, and an expanding population are just a few of the factors.

Tunis

Tunisia’s capital is noted for its excellent healthcare services and high graduate enrollment. There is an active industry for specialist agriculture, particularly wine and olive oil, due to two important rivers and a flatter rain pattern. The city has a developing financial base and is the continent’s top human capital location.

Casablanca

It is Morocco’s largest metropolis and powerhouse, attracting 32 percent of the country’s manufacturing units. Industries like Fishing, sawmills, furniture making, textiles, and other thrive here. In addition, 30 percent of the country’s banking network is concentrated in the city.

Accra

The Ghanaian capital is a tourist and investor’s dream. The city offers a broad and diverse pool of opportunities for enterprises to thrive. Accra is a warm-weather haven with everything from fishing and urban agriculture to real estate and nightlife. Infrastructure and health services are the drawbacks.

Lagos

Originally named Eko, is a megacity in Africa with a population of about over 20 million people. Lagos has proven to be an business centre for administrative, educational, urban, commercial, and technological activity, with skyscrapers, slums, hotels, markets, malls, and hubs. 

The city also has the potential to become Africa’s ICT hub, with the majority of tech firms and developers based in Yaba, a key district. Every day, the Lagos port is bustling with imports and exports. On this side, there’s also a thriving nightlife that rivals that of the rest of Africa. Other few options includes restaurants, art galleries, coworking spaces, bars, and events. Congestion, an ineffective traffic system, and a lack of electricity are the city’s key issues. It’s also one of the world’s most expensive cities to live in.

Nairobi

Nairobi is Kenya’s capital and one of the continent’s most international cities. The lovely city is a financial and technological powerhouse. Multinational corporations including Google, IBM, Airtel, Cisco, and others have continental headquarters in the region. Nairobi is a recreational oasis. Fabrics like textiles, Food products like beverages, and cigarettes are all made in this city. Sectors like healthcare, education, and infrastructure provide vast opportunities for business.

Addis AbabaEthiopia’s capital is a metropolis awash in economic opportunities. Most of the culture in this city includes hotels, catering, and animal husbandry. With a low crime rate, it is a clean and safe city. The city is also undergoing redevelopment, with high-rise luxury skyscrapers dominating the skyline. Some have dubbed it Africa’s capital, although that’s largely because it’s home to the African Union’s headquarters. There aren’t many foreign investments, and the literacy rate is poor.

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