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Kumasi ranked among top African cities for employment growth

15/05/2017
Reading Time: 1 min read
Innovation and Entrepreneurship
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The capital city of the Ashanti Region, Kumasi has been named as one of the best performing African cities for employment growth.
This is according to the latest African Competitiveness Report released at the ongoing World Economic Forum on Africa in Durban, South Africa.
The report studied 102 African cities.

According to the report, employment grew on average by 3.4 percent per year for the period 2000–16, with large variation across countries.
The top 20 cities for job creation all had yearly employment growth rates ranging from 5.03 percent in Kumasi to 10.74 percent in Lusaka. This group includes cities at different levels of income and geographic location.

The household disposable income in Kumasi declined by about 15 percent against a 40 percent increase in GDP per capita according to the report.

Meanwhile, the rates for the bottom performers varied between –0.88 percent in Port Elizabeth to 1.65 percent in Johannesburg.
Several cities in South Africa and Nigeria occupied the bottom positions on the list.

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