• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Accra ranks as 7th most expensive city in Africa

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
172
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Accra ranks as 7th most expensive city in Africa

Accra has emerged as the seventh most expensive city to live in Africa, according to Numbeo, a leading data and research platform.

Accra, which is the capital of Ghana registered an index score of 32 out of 100.

Numbeo’s index evaluates cities based on several variables including the rent index, grocery index, restaurant index, cost of living plus rent index, and local purchasing power.

Economic challenges have heavily influenced living costs across the continent, with South Africa notably having four cities among the top 10 most expensive in Africa. Johannesburg, Pretoria, and Cape Town occupy the top three spots, while Durban is ranked fifth.

Lagos, the largest city in Africa, was ranked fourth, followed by Casablanca, Morocco in sixth place.

A combination of currency fluctuations, inflation, subsidy removals on essential commodities such as fuel, and increased taxes has driven the cost of living higher in many African cities.

RelatedPosts

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

Gold Price Bounces Back Above $4,000

Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns

Consequently, the prices of basic commodities, including food and utilities, have surged.

Despite some cities experiencing significant economic growth, income inequality remains a pervasive issue across the continent. The widening gap between the rich and the poor is making it increasingly difficult for a substantial portion of the population to manage the rising cost of living.

Tags: 7th most expensive cityAccraAccra ranks as 7th most expensive city in Africa
No Result
View All Result

Highlights

BoG Maintains High Short-Term Yields, Raises GHS3.13bn in Auction as Investor Demand Stays Firm

Republic Bank Ghana’s Assets Rise to GHS 9.76bn in Q3 2025 on Strong Loan and Cash Growth

GSE Opens Week Positive as Financial Stocks Lift Market Indices

Kyei-Mensah-Bonsu Lauds GoldBod’s Role in Boosting Ghana’s Economic Recovery

Sixteen Teams Confirmed for CAF Confédération Cup Group Stage as Giants, Debutants and Drama Define Final Qualifiers

Al Ahly, Sundowns and AS FAR Lead Star-studded TotalEnergies CAF Champions League Group Stage Field

Trending

Features

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

October 28, 2025

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality Today, at the...

Gold Price Bounces Back Above $4,000

October 28, 2025

Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns

October 28, 2025

BoG Maintains High Short-Term Yields, Raises GHS3.13bn in Auction as Investor Demand Stays Firm

October 28, 2025

Republic Bank Ghana’s Assets Rise to GHS 9.76bn in Q3 2025 on Strong Loan and Cash Growth

October 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.