Doing Business 2020 measures regulations across 190 economies in 12 businessregulatory areas to assess the business environment in each economy. Ten of these indicators were used to estimate an ease of doing business score this year, over the 12 months ending April 30, 2019
Doing Business recognizes the important work countries have done to improve their regulatory environments. Among the 10 economies that advanced the most, efforts were focused on the areas of starting a business, dealing with con- struction permits, and trading across borders. In general, economies that score the highest share several features, including the widespread use of electronic systems and online platforms to comply with regulatory requirements.
Best places to do business
The top 10 best places in the world to do business, according to the study, are New Zealand (with a score of 86.8 out of 100), Singapore (86.2), Hong Kong SAR, China (85.3), Denmark (85.3), the Republic of Korea (84), the United States (84), Georgia (83.7), the United Kingdom (83.5), Norway (82.6), and Sweden (82).
Here are the best African countries for doing business in 2020:
Mauritius
Africa: 1
World: 13
Ease of doing business ranking: 81.5
Rwanda
Africa: 2
World: 38
Ease of doing business ranking: 76.5
Morocco
Africa: 3
World: 53
Ease of doing business ranking: 73.4
Kenya
Africa: 4
World: 56
Ease of doing business ranking: 73.2
Tunisia
Africa: 5
World: 78
Ease of doing business ranking: 68.7
South Africa
Africa: 6
World: 84
Ease of doing business ranking: 67.0
Zambia
Africa: 7
World: 85
Ease of doing business ranking: 66.9
Botswana
Africa: 8
World: 78
Ease of doing business ranking: 66.2
Togo
Africa: 9
World: 97
Ease of doing business ranking: 62.3
Seychelles
Africa: 10
World: 100
Ease of doing business ranking: 61.7
Namibia
Africa: 11
World: 104
Ease of doing business ranking 61.4
Malawi
Africa: 12
World: 109
Ease of doing business ranking: 60.9
Côte d’Ivoire
Africa: 13
World: 110
Ease of doing business ranking: 60.7
Djibouti
Africa: 14
World: 112
Ease of doing business ranking: 60.5
Egypt, Arab Rep.
Africa: 15
World: 114
Ease of doing business ranking: 60.1
Read World Bank Group’s Doing Business study.
Sources: World Bank Group | JIC Media