Nigeria And South Africa Way Out In Front In Inaugural Sub-Saharan Africa Risk/Reward Ratings

There is plenty of daylight between Nigeria and South Africa and the rest in our newly launched risk/reward food and drink (F&D) ratings for Sub-Saharan Africa, which rates a total of 14 countries. This is hardly surprising. While South Africa's risk score is far and away the region's strongest, it also has a lot of room for growth. Wal-Mart spent US$2.4bn to acquire South Africa's Massmart earlier in 2011 (in what was its biggest acquisition since 1999), in a deal that was probably as much about what it could do in South Africa as about wider Africa in the long

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