A recent report entitled "Emerging Markets Opportunity Index: high growth economies" has ranked South Africa as the leading emerging economy on the African continent, with Nigeria a close second.
South Africa climbed one place to 14th in terms of global rankings in the Emerging Economies survey, while Nigeria climbed nine places to 17th. It is looking more likely that Nigeria's economy will surpass South Africa's in the next few years.
(More: Nigeria ‘to overtake South
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