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
I&P closes €41m for IPAE 3, targeting €70m by 2026 Fund will invest €1-5m in 15-20 SMEs across West Africa and Madagascar IPAE...
Company to invest about $378 million globally over two years Africa to receive 94 % of funding, targeting seven key...
Parliament adopts CFA335.2 billion budget for 2026 transport programs Road transport receives the largest share, followed by air and rail...
Sierra Leone launched the Redsalt Angel Investment Network (RAIN) and signed a Framework Agreement with the Ministry of Communication, Technology, and...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
03

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
04

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
05

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
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.