The Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises report was released on Tuesday, by the IFC and World Bank the economies to rate countries with the most business friendly regulations on the continent.
The report which is the 10th edition, examined regulations that apply to businesses in an economy during their life cycle, including start-up and operations, trading across borders, paying taxes, and protecting investors. The aggregate ease of doing business rankings are based on 10 indicators and cover 185 economies. Doing Business does not measure all aspects of the business environment that matter to firms and investors.
Topping the list of countries that recorded the biggest improvements in the ease of doing business over the last year were Poland, Sri Lanka, Ukraine, Uzbekistan, Burundi, Costa Rica, Mongolia, Greece, Serbia, and Kazakhstan.
Here are the lists of African counties on the list and their positions:
Mauritius -19
South Africa - 39
Rwanda - 52
Botswana - 59
Ghana - 64
Namibia - 87
Zambia - 94
Egypt - 109
Uganda - 120
Kenya - 121
Swaziland – 123
Ethiopia -127
Nigeria -131
Tanzania-134
Lesotho-136
Madagascar-142
Liberia -149
Burundi – 151
Mali - 151
Togo - 156
Malawi-157
The Comoros -158
Burundi-159
Cameroon -161
Gabon – 170
Angola – 172
Benin -175
Guinea-178
Democratic Republic of Congo -181
The Republic of Congo - 183
Chad - 184
The Central African Republic - 185
“Doing Business is about smart business regulations, not necessarily fewer regulations. We are very encouraged that so many economies in Africa are among the 50 that have made the most improvement since 2005 as captured by the Doing Business indicators,” said Augusto Lopez-Claros, Director, Global Indicators and Analysis, World Bank Group.
“The report, finds that from June 2011 to June 2012, 28 of 46 governments in Sub-Saharan Africa implemented at least one regulatory reform making it easier to do business—a total of 44 reforms. Burundi, with four reforms, ranks among the 10 economies worldwide that improved the most in the past year across three or more areas measured by Doing Business—the only low-income economy on the list.”
Much more can be done to enable African economies to build a strong and competitive private sector, the report concluded.
Africa however needs to
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