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Every year the World Bank (* 10 *) 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 have a positive influence on economic growth. This time we stay with him ten best countries in Africa to do business (* 10 *).
1.- Mauritius (* 10 *)
Mauritius is ranked 19th globally and 1st 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 (* 10 *)
The most important sectors within the South African economy are automobile manufacturing, technology, mining, and tourism. In recent years, South Africa has modernized its customs and simplified a large number of procedures related to export and import.
3.- Tunisia (* 10 *)
Tunisia's economy is very diverse as it depends on tourism, agriculture, and petroleum products. In 2009 it was considered the most competitive African economy, even though this past year its performance has dropped considerably.
4.- Rwanda (* 10 *)
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 influenced the climate of his business. It ranks 52nd worldwide.
5.- Botswana (* 10 *)
Botswana's growth rate is one of the highest in the world. Its economy is based on the extraction of diamonds and precious metals, even though in recent years the Government is also promoting other industries. This has caused that the import and export has grown so much in 2013 in the country.
6.- Ghana (* 10 *)
Ghana achieves this position thanks to its exports in the industrial mining, cocoa and gold sectors. The country's economy is heavily dependent on tourism, retail, and oil. Worldwide, it ranks 64th.
7.- Seychelles (* 10 *)
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 (* 10 *)
Namibia's economy is based on mining, industry, and tourism. Interestingly, of the ten best countries to do business in Africa, it is the only one that has lost positions globally. It has gone from 81 in 2012 to 87 in the previous year.
9.- Zambia (* 10 *)
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 (* 10 *)
The highest growth in the Moroccan economy occurred in 2013 in the telecommunications, textile industry and tourism sectors. It is also becoming easier and you need less paperwork to start doing business in this country.
