WEF says African businesses can become far more competitive, but governments will need to improve access to finance, resist pressure to erect trade barriers, upgrade infrastructure, improve health and strength institutions
The report measures and analyses institutions, policies and services enabling trade in national economies around the world. In Africa, Mauritius has the best enabling environment for global trade.
Being landlocked is a big disadvantage here: exporting a container from Chad and Central African Republic will set you back more than $5,000. It is cheapest in Sao Tome & Principe, at $700.
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