• 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

Africa: Accra ranked among Continent’s top 10 most innovative cities

3 years ago
in Business, highlights, Home, home-news, latest News
2 min read
0 0
0
231
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Africa: Accra ranked among Continent’s top 10 most innovative cities

Ghana’s capita, Accra, has been ranked the 9th most innovative city in Africa by the Knight Frank’s Africa Horizons Report for 2021/22.

According to the report, African countries will emerge resilient from the Covid-19 pandemic if only they are innovative and provide long term social solutions to their residents, attracting funding and generating new demand for space.

The research looked through over 100 data points applied to 29 capital cities from a long list of over 500 cities in Africa to arrive at a unique innovation score.

The innovation score comprises four components:

  • quality of innovation factors
  • innovation infrastructure, such as the number of different research organisations in a city
  • funding
  • drive to innovate, which looks at data around motivation to innovate.

The capital city of Kenya, Nairobi, has been ranked the most innovative city n the Continent by the report.

Knight Frank Researcher for Africa, Tilda Mwai, said “Innovation coupled with economic growth will drive the next decade of investment in Africa. Lower risk investors will likely favour cities with above-average innovation scores and a robust economy. These include Cairo, Egypt – the stand-out performer – and Johannesburg, South Africa. These cities have the greatest potential to remain economically resilient in the long term despite undergoing short-term shocks.

RelatedPosts

Chamber of Mines Warns Mining Act Reforms Could Weaken Ghana’s Investment Appeal

Gold Price Hits Record High as Investors Seek Safety

Nigeria: Forex Traders Say Chinese Traders Now Collecting Naira Instead of Dollars

Read: Upward trend in inflation rate likely to continue in the short term

“Cities that score higher for Innovation but have less robust economies will attract those willing to take more risk, such as private equity investors. These cities include Nairobi, Kenya, Cape Town in South Africa and Kampala, Uganda.”

The report added that data centres are especially expected to grow to help with Innovation in the cities.

The report notes that Africa’s Data Centre markets can be categorised into three tiers. Tier one markets include Johannesburg, Cape Town and Nairobi and already becoming Africa’s leading data centres markets.

Tier two markets are cities in the most populous countries such as Addis Ababa, Dar es Salaam and Kampala with strategic positioning. Finally, tier three markets are low population centres with relatively low ease of doing business.

These are the 10 most innovative cities in Africa, according to Knight Frank report:

  • Nairobi
  • Cape Town
  • Kampala
  • Cairo
  • Johannesburg
  • Dar es Salaam
  • Lagos
  • Dakar
  • Accra
  • Addis Ababa

Source: norvanreports
Tags: Accra ranked the 9th most innovative city in AfricaCOVID-19 pandemicghana
No Result
View All Result

Highlights

Chinese Firm Faces $420 Million Zambia Mine Spill Damages Claims

60% of Africans Don’t Believe Democracy is Working in Their Interests – How Parliaments Can Fix The Problem

Banking Sector the Most Robust and Advanced Sector in Fight Against Money Laundering – Report

West Africa: Ghana Flagged as Target for Illicit Financial Flows in Latest National Risk Assessment

Central Bank Raises GH¢2.34bn in Short-Term Bill Sale at Nearly 25% Yield

Summer 2025 Transfer Window: Record-Breaking Moves Reshape European Football

Trending

Business

Chamber of Mines Warns Mining Act Reforms Could Weaken Ghana’s Investment Appeal

September 2, 2025

Chamber of Mines Warns Mining Act Reforms Could Weaken Ghana’s Investment Appeal Ghana’s mining sector, long the...

Gold Price Hits Record High as Investors Seek Safety

September 2, 2025

Nigeria: Forex Traders Say Chinese Traders Now Collecting Naira Instead of Dollars

September 2, 2025

Chinese Firm Faces $420 Million Zambia Mine Spill Damages Claims

September 2, 2025

60% of Africans Don’t Believe Democracy is Working in Their Interests – How Parliaments Can Fix The Problem

September 2, 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.