Lagos may soon overtake Johannesburg as Africa’s business hub, the organisation said.

Despite being weighed down by decaying and inadequate infrastructure, Lagos State has made the shortlist of the 25 most innovative cities in the world.

Lagos, Nigeria’s commercial capital, made the final cut from an initial pool of 75 cities.

The search to pick the world’s most innovative city in 2012 is organised by Urban Land Institute (ULI), an authoritative and widely quoted source of objective information on urban planning, growth, and development in the world. The competition is sponsored by Citi Group, with media support from the Wall Street Journal.
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