Nigeria Offers Best Opportunity for African Retail: Rand Merchant Bank (RMB)

Celeste Fauconnier, Africa Macro Strategist, Rand Merchant Bank (RMB)

Nigeria, Egypt and Ethiopia offer some of the best opportunities for retailers looking to invest in Africa, Rand Merchant Bank said.

The Democratic Republic of Congo and Libya rank fourth and fifth and South Africa 15th, the Johannesburg-based investment banking unit of FirstRand Ltd. said in a report released to clients today.

Read more: Nigeria Offers Best Opportunity for African Retail, RMB Says – Businessweek.

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