Uganda Ranked Among Top 10 African Countries For Future Investment In Sub-Saharan Africa
Over the years, Sub-Saharan Africa has stood out as a region of immense potential and opportunity for savvy investors and Uganda is among among the few African Countries boasting abundant natural resources, a burgeoning consumer base, and a youthful workforce.
Several countries have positioned themselves as attractive destinations for those seeking to participate in the region’s economic growth story and Uganda is one the.
According to a recent report from KPMG, “Doing Deals in Sub-Saharan Africa,” it is South Africa that has been stealing the show when it comes to mergers and acquisitions.
South Africa is on top of the game, making up five out of the top ten mega deals in the region. Two of the deals were from Nigeria, while Tanzania, Cameroon and Angola had one place each in the top ten.
KPMG’s survey revealed that when it comes to future investments, 50% of folks are looking toward South Africa, and about 30% are saying are looking towards other countries like Uganda.
Here are the top 10 African countries to watch for future investments in Sub-Saharan Africa:
| RANK | COUNTRY | PERCENTAGE |
|---|---|---|
| 1 | South Africa | 50% |
| 2 | Nigeria | 30% |
| 3 | Tanzania | 15% |
| 4 | Ghana | 14% |
| 5 | Kenya | 14% |
| 6 | Mauritius | 14% |
| 7 | Zambia | 11% |
| 8 | Uganda | 10% |
| 9 | Mozambique | 6% |
| 10 | Zimbabwe | 6% |
