Each year the World Bank publishes a report in which it reveals which are the best countries in the world to do business. In 2013, up to 185 countries were investigated, aware that the improvement of their markets and the regulations of each Government positively influence economic growth. This time we are left with the ten best countries in Africa to do business.
1.- Mauritius
Mauritius is ranked 19th worldwide and XNUMXst in Africa. This archipelago bases its business on financial services, tourism, the textile sector and sugar. Now it is putting special emphasis on technology and renewable energy. It is curious that its constitution does not indicate that it has an official language, so English or French is spoken.
2.- South Africa
The most important sectors within the South African economy are automobile manufacturing, technology, mining, and tourism. South Africa has in recent years modernized its customs and streamlined a lot of paperwork in relation to export and import.
3.- Tunisia
Tunisia's economy is very diverse as it relies on tourism, agriculture, and petroleum products. In 2009 it was considered the most competitive African economy, although this past year its performance has dropped considerably.
4.- Rwanda
Rwanda occupies this position thanks to the rapid growth that tourism is experiencing in its economy. Despite the terrible genocide twenty years ago, this episode has no longer had an influence on the business climate. It is ranked number 52 globally.
5.-Botswana
Botswana's growth rate is one of the highest in the world. Its economy is based on the mining of diamonds and precious metals, although in recent years the Government is promoting other industries as well. This has caused the import and export to have grown so much in 2013 in the country.
6.- Ghana
Ghana achieves this position thanks to its exports in the industrial mining, cocoa and gold sectors. The country's economy relies heavily on tourism, retail, and oil. Globally it ranks number 64.
7.- Seychelles
As you can imagine, tourism is the main source of income for the Seychelles. Other important sectors are agriculture, fishing and the cultivation of coconut and vanilla. In 2012 it ranked 74th worldwide and in 2013 it climbed two positions to 72nd.
8.- Namibia
Namibia's economy is based on mining, manufacturing, and tourism. Curiously, of the ten best countries to do business in Africa, it is the only one that has lost positions worldwide. It has gone from 81 in 2012 to 87 in the previous year.
9.- Zambia
Zambia's economy has always been noted for its agriculture and copper mining. However, in recent years the Government has boosted tourism, gemstone mining and hydroelectric power.
10.- Morocco
The highest growth in the Moroccan economy occurred in 2013 in the telecommunications, textile industry and tourism sectors. It is also becoming easier and requires less paperwork to start doing business in this country.