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
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
04

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
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


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.