This year, Mauritius was the best African country for doing business, according to a ranking published by the American magazine Forbes. This island of the Indian ocean is the 39th best country for business in the world in the ranking that compared 161 countries based on fifteen criteria. These criteria are notably, property rights, innovation, taxes, corruption, freedom (personal, economic and monetary), bureaucracy and investor protection, workforce availability, infrastructures, the market size as well as the living conditions.
South Africa (59th globally) is the second in Africa, ahead of Morocco (62nd on a global scale), the Seychelles, Tunisia, Botswana, Rwanda, Kenya and Ghana. Egypt (95th on a global scale) is the last of the top 10 African countries for business in 2019.
Most African countries are located further down in the ranking. Out of the ten worst countries for business, according to the ranking, seven are in Africa.
On a global scale, the UK is the best country, ahead of Sweden, Japan, the Netherland, New-Zealand, Canada, Denmark, Singapore, Australia and Switzerland. The USA is ranked 17th while China is the 49th.
Ranking of the best African countries for business :
1-Mauritius (39th on a global scale)
2-South Africa (59th)
3-Morocco (62nd)
4-Seychelles (66th)
5-Tunisia (82nd)
6-Botswana (83rd)
7-Rwanda (90th)
8-Kenya (93rd)
9-Ghana (94th)
10-Egypt (95th)
11-Namibia (96th)
12-Senegal (100th)
13-Zambia (103rd)
14-Cabo Verde (104th)
15-Nigeria (110th)
16-Uganda (112nd)
17-Algeria (114th)
18-Côte d’Ivoire (117th)
19-Benin (118th)
20-Tanzania (119th)
21-Swaziland (123rd)
22-Madagascar (125th)
23-Niger (127th)
24-Burkina Faso (129th)
25-Sierra Leone (131st)
26-Mali (132nd)
27-Cameroon (133nd)
28-Lesotho (134th)
29-Malawi (136th)
30-Angola (138th)
31-Zimbabwe (139th)
32-Togo (140th)
33-Liberia (141st)
34-Mauritania (142nd)
35-Mozambique (145th)
36-Ethiopia (146th)
37-Gabon (147th)
38-Burundi (149th)
39-DR Congo (150th)
40-Guinea (151st)
41-Libya (152nd)
42-Gambia (155th)
43-Chad (157th)
44-Equatorial Guinea (158th)
45-Guinea Bissau (159th)
46- Congo (160th)
47-Central African Republic (161st)
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...
Mali approves its first fully coordinated national cybersecurity strategy. The country ranks Tier 4/5 on the ITU Global Cybersecurity Index,...
Orom-Cross plans to produce 20,000 tons of graphite annually in Phase 1, with $40 million in startup capital. Blencowe Resources signed a new...
PR-PICA forecasts Mali’s 2025/26 seed-cotton output at 433,700 tons, down 34% year-on-year. Benin’s harvest is expected to reach 632,000 tons,...
Liberia’s telecom regulator and Huawei discuss deploying the “Digital Village” model, including smart classrooms, solar power and an Internet...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...