Nigeria jumped seven spots to claim 11th place in Rand Merchant Bank's latest Africa investment destination and readiness ranking, making it the biggest mover on the continent this cycle.
The climb signals growing confidence in Nigeria as a serious destination for capital on the continent. Out of all African countries assessed, no other nation shifted as dramatically up the rankings, which puts Nigeria in a category of its own when it comes to momentum.
What that momentum looks like on the ground, and whether it translates into actual deals and dollars flowing in, is the conversation worth watching now.
Originally published by BusinessDay.