10 Best African Countries for Doing Business 2019

The Doing Business index is a ranking index system, created by the World Bank Group, which indicates the regularity environment of businesses. A higher ranking, which is indicated by a lower numerical value, specifies a stronger protection of property rights, and vice versa. Over 190 economies have been scrutinized on criteria including: electrification and ease of business creation, the tax burden and the protection of property rights. Mauritius is positioned in 20th place worldwide, and in 1st place in Africa with a score of 79.58. The country is ranked twentieth place higher this year, from its position in the 2018. Rwanda emerged in the top 30 countries of the World Bank’s Doing Business report for the first time with a score of 77.88. Globally, Rwanda is 29st on the “ease of doing business” ranking, compared to the 41th position in last year’s report. In addition, the country has made 52 reforms over the last decade, bringing significant improvements to the environments of business and investment. Morocco came in 3rd in Africa and in 60th position with a score of 71.02 points. Therefore, Morocco confirms its position as a leader in North Africa, ahead of: Tunisia (80th), Egypt (120th), and Algeria (157th). Kenya came in 4th among African countries and 61st position globally with a score of 70.31 points compared to the 2018 report when it was ranked 80th.

SOURCES: AFRICA.COM

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