Nairobi is the most expensive metropolis in Africa, according to the 2017 cost-of-living survey carried out by The Economist Intelligence Unit (EIU), a subsidiary of the famous British economic weekly.
The Kenyan capital ranks 75th worldwide in this ranking, which compares the prices of 160 goods and services in 133 cities worldwide.
Cairo (99th in the world) is second in the African tie with Abidjan (99th). Dakar (108th), Johannesburg (116th), Lusaka (122nd), Pretoria (123rd), Algiers (127th) and Lagos (132nd) followed by Casablanca.
For the fourth year in a row, Singapore is the most expensive city in the world, ahead of Hong Kong, Zurich, Tokyo, Osaka, Seoul, Geneva, Paris, New York and Copenhagen.
Asia is home to five of the six most expensive cities in the world. London moved from 6th to 24th due to the depreciation of the pound sterling following the referendum on Brexit.
The Economist Intelligence Unit’s survey is particularly useful for human resource managers to calculate compensation for employees posted abroad.
Top 10 most expensive cities in Africa:
1-Nairobi (75th in the world)
2 – Cairo (99th)
8- Pretoria (123rd)
9 – Algiers (127th)
10- Lagos (132nd)