As governments in the Middle East and North Africa grapple with political and civil unrest, they continue to face complex challenges in improving the business regulatory environment, the report finds. A record number of 83 reforms, making it easier to do business, were implemented in 36 of 48 economies in Sub-Saharan Africa in the past year.
Its findings have stimulated policy debates worldwide and enabled a growing body of research on how firm-level regulation relates to economic outcomes across economies.
In addition to the global rankings, every year Doing Business reports the economies that have improved the most on the indicators measured since the previous year. Worldwide, it made the second-most progress. For this reason, it can be a challenging business environment. Main Findings he past 8 years the 5 EAC economies implemented a total of 74 institutional or regulatory reforms improving the business environment for local entrepreneurs.
Other large economies in the region and their rankings are Democratic Republic of CongoEthiopiaNigeriaTanzaniaSudanand Uganda Sharing good practices could bring East Africa closer to global top performers.
Mauritius, in 25th place in the Doing Business rankings, is the highest ranked economy in Sub-Saharan Africa. Doing Business is the 14th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it.
See Less - Details. This is the largest number of reforms ever recorded by the Doing Business report in any region, and represents 31 percent of all reforms implemented globally in in the past year.
The rise in e-government initiatives in the region and around the world provides an opportunity to increase access to information and transparency.
Of the 74 institutional or regulatory reforms implemented by EAC economies in the past 8 years, the largest numbers were in the areas of starting a business 11registering property 9 and dealing with construction permits 8. Starting a Business, with reforms, was the leading indicator for regional reforms, followed by Getting Credit and Trading across Borders with and reforms respectively.
Rwanda has implemented the most reforms in the past 15 years, totaling 52, followed by Kenya 32 and Mauritius Rwanda, the top performer in the region, made the most progress over the past seven years.
The report does not present rankings of economies on labor market regulation indicators or include the topic in the aggregate distance to frontier score or ranking on the ease of doing business. The EAC has achieved greater convergence in the complexity and cost of regulatory processes than in the strength of legal institutions relevant to business regulation.
With Malawi, Nigeria and Zambia, Sub-Saharan Africa is the most represented region among the global top 10 improvers in the Doing Business Multiple economies in the region implemented three or more reforms in the past year, including Kenya 6 reformsMauritania, Nigeria, Rwanda, and Senegal 5 reforms eachMalawi, Mauritius and Niger 4 reforms eachand Angola, Benin, Cabo Verde and Zambia 3 reforms each.
It takes an average of days to obtain a permanent electricity connection to the grid in Sub-Saharan Africa, compared to the global average of 92 days.
For more information about the Doing Business reports, please visit doingbusiness. The EAC saw its 5 governments implement a total of 9 regulatory reforms last year to improve the business environment for local businesses and encourage entrepreneurship in the region. Europe and Central Asia continued its strong pace of regulatory reform, with 19 economies implementing 65 reforms.
In registering property, Rwanda has an efficient land registry where it takes 7 days to transfer property and costs only 0. What are the reform trends? The region underperforms in the areas of Getting Electricity with an average rank ofTrading Across Bordersand Registering Property Doing Business presents the data for the labor market regulation indicators in an annex.Rwanda, Côte d’Ivoire, Burundi Lead Sub-Saharan Africa in Improving Business Regulation Washington, D.C., October 29, —A new World Bank Group report finds that Sub-Saharan Africa continues to record a large number of reforms aimed at easing the regulatory burden on local.
Doing Business is the 14th in a series of annual reports See More + This economy profile presents the Doing Business indicators for Burundi. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. Released today, Doing Business Understanding Regulations for Small and Medium-Size Enterprises finds that of the 20 economies improving business regulation the most since9 are in Sub-Saharan Africa: Burundi, Sierra Leone, Guinea-Bissau, Rwanda, Togo, Benin, Guinea, Liberia, and.
Burundi jumped 10 places in the ranking in the ease of doing business in /12 thanks to improvements in 4 areas as measured by Doing Business starting a business, dealing with construction permits, registering property and trading across borders. Doing Business Burundi.
4. INTRODUCTION Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business. However, as highlighted in the World Bank’s Doing Business reportBurundi has been applauded for improving its business climate and was among the world’s most active economies in implementing regulatory reforms between / As a result, the country jumped 10 places in the ease of doing business ranking during that period.Download