Nigeria Rises to Eighth in Bloomberg Africa Investment Risk Ranking
Nigeria Rises to Eighth in Bloomberg Africa Investment Risk Ranking
Nigeria has climbed four places to eighth in the 2026 Bloomberg Economics Investment Risk-O-Meter, emerging as the biggest climber among the 19 African economies assessed for relative investment attractiveness.
The latest ranking places Nigeria ahead of Rwanda, Tanzania, Kenya and Namibia, following improvements in three of the five indicators measured by Bloomberg Economics — economic strength, fiscal strength and external vulnerability.
Bloomberg attributed Nigeria’s improved position to the economic reforms implemented under President Bola Tinubu, including changes to the foreign exchange market, the removal of the petrol subsidy and electricity-sector reforms. The assessment reflects Nigeria’s relative position among the African economies covered by the ranking, rather than suggesting that the country has become a low-risk investment destination.
Mauritius emerged as the highest-ranked African economy in the latest assessment, while South Africa, which led the previous ranking, dropped one place. Botswana also recorded a two-place decline.
Nigeria’s improved ranking comes amid continued efforts by the Federal Government to strengthen economic growth, public finances and the country’s external position. However, challenges including inflationary pressure, infrastructure gaps and fiscal constraints remain relevant to the investment environment.
The latest Bloomberg assessment therefore signals an improvement in Nigeria’s relative standing among African economies, while the sustainability of the gains will depend on continued economic reforms and improvements in the wider business environment.
