Title: African Cities with High Growth Potential Unveiled

Source: Future Cape Town / Dated:1st Feb 2013

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MasterCard have just released their African cities growth index, produced by Professor George Angelopulo of the University of South Africa and Professor George Roger of the University of Cape Town.

“Accra, Lusaka and Luanda, the capital cities of Ghana, Zambia and Angola respectively, have been identified as the Sub-Saharan African cities that have the highest potential for growth over the next five years” according to Mastercard.

Accra, Lusaka and Luanda, the capital cities of Ghana, Zambia and Angola respectively, have been identified as the Sub-Saharan African cities that have the highest potential for growth over the next five years, according to the MasterCard African Cities Growth Index. (Via Future Cape Town)

The MasterCard African Cities Growth Index was developed in the final quarter of 2012 and analysed 19 cities across Sub-Saharan Africa ranking them according to their growth potential between 2012 and 2017.
The Index rankings were developed from published historical and projected data on typical factors that impact cities’ growth rates, including: economic data, governance levels, ease of doing business, infrastructure and human development factors, and population growth levels.
According to the the United Nations Human Settlements Programme, the urban population of Africa is expected to triple by 2050 to 1.23 billion (from 395 million in 2009), by which time 60% of all Africans will be living in cities or urban areas.
“This growth in urbanization, combined with the fact that the center of global economic gravity is shifting to dynamic emerging markets such as those found in Africa, means that the continent’s cities will play a much bigger role in driving the economic growth of their respective countries,” said Michael Miebach, president, MasterCard Middle East and Africa.
Cities in Africa with the highest growth potential:

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, DRC

10. Durban, South Africa

11. Cape Town, South Africa

12. Mombasa, Kenya

13. Lagos, Nigeria

14. Abuja, Nigeria

15. Dakar, Senegal

16. Harare, Zimbabwe

17. Kano, Nigeria

18. Abidjan, Côte d’Ivoire

19. Khartoum, Sudan This article – written by Rashiq Fataar – originally appeared on Future Cape Town, January 30, 2013. Future Cape Town is a webzine and think-tank for the future of our cities.

Source: http://urbantimes.co/2013/02/african-cities-with-high-growth-potential-unveiled