In a recent report, Business Insider Africa has identified the top 5 major African cities with the best mortgage values, providing valuable insights for startups, entrepreneurs, and individuals looking to invest in real estate. The ranking, based on Numbeo's Mortgage as a Percentage of Income index, highlights cities with lower mortgage payment to income ratios, making them more attractive for homeownership and investment.

Johannesburg, South Africa, tops the list with a mortgage-to-income ratio of 35.4%, followed by Port Elizabeth, Durban, Cape Town, and Rabat, Morocco. A lower ratio indicates that households spend less of their income on housing, freeing up funds for other needs such as education, healthcare, savings, and investing.

This information is crucial for startups and entrepreneurs, as it can impact their ability to attract and retain talent, as well as influence their decision on where to establish or expand their businesses. A favorable mortgage-to-income ratio can also contribute to a region's economic growth, reducing slums and attracting foreign investments.