The new rankings were released by FIBA on Wednesday night.
The Nigeria's women's basketball team's rise was as a result of their impressive performance at the 2023 AfroBasket Championship.
Rena Wakama's side secured their fourth consecutive title at the competition.
According to the ranking, D'Tigress rose from 18th to 11th place with 528.9 points.
Mali and Senegal are the other African teams in the top 20.