Official statistics underestimate total trade between Benin and Nigeria by 50% for imports, and by about 85% for exports.
A new customs management system means time of transit from Mombasa to Uganda has dropped from 21 days to just 4 days, boosting market competitiveness and lowering the cost of doing business.
Streamlining logistics and clearance is an existential issue for landlocked countries, but the coastal countries have the “luxury” of dysfunction.
Being landlocked is a big disadvantage here: importing will cost you more than $6,000 per container in Chad, and more than $5,000 in Central African Republic and Rwanda.
The index Index measures the degree to which collateral and bankruptcy laws protect borrowers’ and lenders’ rights. The higher the score, the higher the level of legal protection