Who’s topping Africa’s prosperity rankings? | CNN Business

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Business

Booming African markets top continent’s prosperity list

Published 5:56 AM EST, Thu December 18, 2014
Link Copied!
Senegal ranks as the continent's 10th most prosperous nation, according to Legatum Institute's 2014 Africa Prosperity Report, up nine places since 2012.
10. Senegal —
Senegal ranks as the continent's 10th most prosperous nation, according to Legatum Institute's 2014 Africa Prosperity Report, up nine places since 2012.
SEYLLOU/AFP/Getty Images/file
Burkina Faso ranks ninth in the 2014 report, having risen by five places since 2012.
9. Burkina Faso —
Burkina Faso ranks ninth in the 2014 report, having risen by five places since 2012.
SIA KAMBOU/AFP/Getty Images/File
Rwanda was ranked the eighth most prosperous African nation. The report praised the country for "actively encouraging women" to shape the future of their country.
8. Rwanda —
Rwanda was ranked the eighth most prosperous African nation. The report praised the country for "actively encouraging women" to shape the future of their country.
PHIL MOORE/AFP/Getty Images/File
As this scene from Makola Market in Accra shows, Ghana has a vibrant economic spirit. The West African nation was ranked seventh in the prosperity rankings and was considered the second safest nation on the continent.
7. Ghana —
As this scene from Makola Market in Accra shows, Ghana has a vibrant economic spirit. The West African nation was ranked seventh in the prosperity rankings and was considered the second safest nation on the continent.
Courtesy Ghana Tourism Authority
The sixth most prosperous nation in Africa is Algeria. The country, where 93% of respondents have a cell phone, topped the economy index.
6. Algeria —
The sixth most prosperous nation in Africa is Algeria. The country, where 93% of respondents have a cell phone, topped the economy index.
FAROUK BATICHE/AFP/Getty Images/File
Tunisia is the fifth most prosperous African nation in 2014 according to the Legatum Institute. The country ranks first in the health sub-index and citizens have a life expectancy of 75 years -- 17 years higher than the African average.
5. Tunisia —
Tunisia is the fifth most prosperous African nation in 2014 according to the Legatum Institute. The country ranks first in the health sub-index and citizens have a life expectancy of 75 years -- 17 years higher than the African average.
This Windhoek-based hotel is in the fourth most prosperous African country: Namibia, ranked second in the governance sub-index.
4. Namibia —
This Windhoek-based hotel is in the fourth most prosperous African country: Namibia, ranked second in the governance sub-index.
Hilton Windhoek Namibia
The oldest section of Fes is the walled settlement of Fes El Bali. The city was once the capital of Morocco, which is the third most prosperous African nation.
3. Morocco —
The oldest section of Fes is the walled settlement of Fes El Bali. The city was once the capital of Morocco, which is the third most prosperous African nation.
CNN
A general view of the Johannesburg skyline. South Africa ranked as the second most prosperous country in Africa, with nearly 40% of people surveyed saying it's a good time to find a job.
2. South Africa —
A general view of the Johannesburg skyline. South Africa ranked as the second most prosperous country in Africa, with nearly 40% of people surveyed saying it's a good time to find a job.
Getty Images/File
As well as beautiful natural heritage, Botswana is the most prosperous African country according to research conducted by the Legatum Institute. The landlocked country ranks first in the report's governance index.
1. Botswana —
As well as beautiful natural heritage, Botswana is the most prosperous African country according to research conducted by the Legatum Institute. The landlocked country ranks first in the report's governance index.
Chris Jackson/Getty Image/File

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