Mauritius takes the top spot among all economies in the region (53rd), followed by South Africa (54th), Kenya (80th), Rwanda (83rd), Mozambique (84th), Botswana (90th), Namibia (93rd), and Malawi (98th).
Rwanda has demonstrated consistent strong performance in the World Bank Doing Business Rankings in recent years with good progress made across all the key indicators.
Francis Gatare, the CEO of the Rwanda Development Board recently said at the press conference that; “Rwanda has consistently implemented bold reforms to improve the ease of doing business.
Since 2012, Sub-Saharan Africa has counted more countries than any other region among the group of “innovation achievers” – countries that perform better than their level of development would predict. This year, Kenya, Madagascar, Malawi, Mozambique, Rwanda, and Uganda stand out.
Better rankings on the indicators for institutions, business sophistication, and knowledge and technology output have allowed the region to catch up to Central and Southern Asia, and to overtake Northern Africa and Western Asia.
The report shows that the average regional performance shows strengths in the ease of starting a business, ICTs, business-model creation, and relative expenditure on education, with weaknesses in firms conducting global R and D, high-tech exports, the quality of local universities and number of scientific publications. In general, the report says that further efforts are required in human capital, research and infrastructure.
Among the GII 2016 leaders, four economies — Japan, the U.S., the UK, and Germany— stand out in “innovation quality,” a top-level indicator that looks at the caliber of universities, number of scientific publications and international patent filings. China moves to 17th place in innovation quality, making it the leader among middle-income economies for this indicator, followed by India which has overtaken Brazil.