Top Ten Cities for Economic Growth* (2012-2017)

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RANK

CITY

COUNTRY

1

Accra

Ghana

2

Lusaka

Zambia

3

Luanda

Angola

4

Dar es Salaam

Tanzania

5

Addis Ababa

Ethiopia

6

Nairobi

Kenya

7

Kampala

Uganda

8

Johannesburg

South Africa

9

Kinshasa

Dem. Republic of Congo

10

Durban

South Africa

* Rankings are based on data for the following variables from 2009-2011

  • GDP per capita growth
  • Household consumption expenditure growth
  • Governance factors (includes political stability and absence of violence, government effectiveness, regulatory quality, voice and accountability, rule of law, control of corruption)
  • The World Bank’s Doing Business
  • City population growth
  • National urbanization
  • Middle class household growth

And on projected data for 2012 to 2017 for the following variables:

  • GDP per capita growth
  • Household consumption expenditure growth
  • Human development index factors (includes health and education
  • Infrastructure development factors (includes gross fixed capital formation as percentage of GDP, access to water, access to electricity, access to sanitation
  • Mobile telephone subscriptions
  • Inbound travel factors

 

Source: MasterCard African Cities Growth Index, January 2013

 

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