A 2023 Brand Finance City Index report has placed Lagos state as the fifth best African city to live, work, and invest.
Politics Nigeria learnt that Lagos came in fifth place with a 56.7 per cent desirability mark, behind Cape Town, South Africa, topping the list with a 62.9 per cent mark, and Cairo, Egypt, coming in second place with a 60.7 per cent score.
Johannesburg, South Africa, emerged third on the list with a 59.7 per cent score, Casablanca, Morocco, fourth, with a 59.3 per cent score, and Nairobi, the capital of Kenya, came in 6th place behind Nigeria, with a 55.1 per cent score.
All six African countries not only made it onto the top 100 global charts, appearing in numbers 60, 67, 72, 76, 90, and 94, respectively, but they also are the only African countries on the chart.
The top three cities on the chart include London, England, scoring 84.6 per cent, New York, United States, came in second place with 83.0 and Paris, France, third place with a 79.7 per cent score.
The report also revealed that “the ranking is based on a global survey of close to 15,000 members of the public conducted in April 2023 in 20 countries on all continents to measure perceptions of the world’s top 100 cities.”
Although Zurich, Switzerland, bagged the number 17th spot on the global chart with 72.0 per cent, the city remains the best in the world for investment.
