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)
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA fra...
Sonatrach to begin drilling at Kafra block in Niger Operations target oil potential across 23,737 sq km area Project revives 2018 discovery with...
Rockefeller, GEAPP commit over $100 million to Mission 300 initiative Funds support electrification planning, coordination, and investment...
Deal covers counterterrorism, conflict prevention, and cybersecurity cooperation EU delivers military equipment under €50 million support...
Project upgrades 77 km road to boost trade, regional connectivity Initiative aims to create jobs and support economic growth Cameroon and...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...