Nigeria ‘Wins’ Fourth Most Risky Country To Invest In Africa

By Adadainfo

The Oxford Economics Africa has announced the Federal Republic of Nigeria as the ‘fourth riskiest African country to invest in’.

The seventh edition of the African Risk-Reward Index ranked Nigeria 7.24 on the scale of 1-10.

“The risk score stems from the economic and political risk evaluator. Each political and economic rating is assigned a default weight based on its significance in the country context and I potential impact on business.

“The reward score incorporates medium-term economic growth forecast, economic size, economic structure and demographics,” according to the report.

Ethiopia, Zimbabwe and Democratic Republic of Congo are top on the list with score of 7.65; 7.56 and 7.44 respectively.

The ranking indicates that Mauritius and Botswana are the safest destinations with risk score of 3.71 and 3.81 respectively.

Adadainfo is an online newspaper reporting Nigerian news. Email: Phone: 08071790941

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