This index measures the extent to which the policy and cultural framework of the country welcomes foreign goods into the country.
Time required to register property measures the time, in calendar days, necessary for a business to complete the legal and bureaucratic procedures required for registering property
The index looks at the overarching regulatory and security environment impacting the transport business in the country; on this measure, Tunisia, Morocco and Mauritius are the most conducive in Africa.
In the 2008 rankings, Tunisia is Africa’s most competitive country in terms of doing business, followed by South Africa and Botswana. Zimbabwe, battling hyperinflation, isn’t in last place – though you might expect so.
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