Namibia Now Africa’s Most Attractive Mining Investment Destination

Written by Staff

From Star Africa via APA

Botswana has been dislodged by Namibia as the most attractive jurisdiction in Africa for mining investment, according to the 2014 Fraser Institute survey released Monday. In a worldwide survey that covered 122 countries, Namibia is ranked 25 while Botswana is at 26 with cumulative points of 72.4 and 71.5 respectively.

In the last four surveys starting from 2010, Botswana has always led African countries, reaching its highest score of 77.6 in the 2011 survey.

The other Top 10 African countries are Zambia (66.2), Morocco (64.0), Ghana (60.4), Burkina Faso (59.1), Madagascar (57.8), Tanzania (57.6), Ivory Coast (55.3), and Democratic Republic of Congo (52.8).

African countries that feature in the bottom 10 (beginning with the worst) are Kenya, Egypt, Nigeria and Sudan, the survey said.

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