Public Management

Forbes unveils its ranking of best countries for business in 2019, here are the African best

Forbes unveils its ranking of best countries for business in 2019, here are the African best
Thursday, 03 January 2019 16:53

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)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Côte d’Ivoire will receive $234 million for a sustainable urban mobility project in Abidjan. Gambia will receive $32.2 million to build...
Stanbic IBTC and Zenith Bank cut monthly card spending abroad to $500 and $200 Foreign reserves fall by $3.5 billion in six...
Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 million in transactions by end-2025. The fintech...
• Kenya and ASR sign deal to reduce risk on projects worth up to $2 billion.• Risk cover will target infrastructure, energy, logistics, and trade...
Most Read
01

• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...

Afreximbank Bonds Retain Market Confidence Despite Moody’s Downgrade
02

• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...

Qatar Airways Expands its Network in Africa, Building Presence in Kigali, Johannesburg, and Nairobi
03

• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...

Nigeria Secures $100 mln ECOWAS Bank Loan for Lagos-Calabar Coastal Highway
04

• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...

EY’s Exit Creates $1bn Opportunity in Francophone Africa Consulting Market
05

• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....

UEMOA: Inflation Drops to 0.6% in May, Driven by Lower Food Prices
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.