Zimbabwe Events of A man carries a street sign as opposition party supporters clash with police in Harare, August 26,
World Bank Doing Business Report This latest report sees Nigeria ranking out of countries on the ease of doing business index, a drop by one place from ranking of Based on the Report, Nigeria improved in five indicators, with the greatest overall positive movement being on ease of paying taxes.
The ease of starting a business improved by 10 positions, with Nigeria now ranked th globally and 22nd in Sub-Saharan Africa, an improvement on its 35th position in the Doing Business Report.
According to the Report, this leap is attributable to the introduction of simplified preregistration and registration procedures, as well as the introduction of an online platform to pay stamp duties.
Nigeria also recorded positive movements in ease of getting electricity, ease of trading across borders and ease of enforcing contracts. This indicates that some of the reforms being introduced by the Federal Government of Nigeria are beginning to have positive effects. While the above positive movements are encouraging, it should be noted that Nigeria recorded downward movements in some areas, such as dealing with construction permits, registering property, getting credit, protecting minority investors and resolving insolvency.
Please click here to download the full report.Africa's 10 Most Business-Friendly Countries. The World Bank released its Doing Business report this week. The document ranks all the world’s nations on how hospitable they are to starting and running a business.
Hi WHH, This article was based on the Doing Business report, which makes it a bit dated. The report, which. The Enterprise Surveys implemented in European and Central Asian countries are also known as Business Environment and Enterprise Performance Surveys (BEEPS) and are jointly conducted by the World Bank Group, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the European Commission (EC).
Improving its global ranking of 69th by nine places, Morocco owes its score of out of to several new entrepreneurship-friendly policies.
Thanks to these reforms, Morocco ranked the 2nd best country for doing business in the MENA region behind the United Arab Emirates, which came 11th worldwide and just ahead of Bahrain, [ ].
According to the World Bank Group’s Doing Business report, sub-Saharan Africa has been successful in implementing good regulatory practices, but still lags behind other regions globally.
Casablanca, Morocco (TMT)- Morocco ranked 3rd in Africa in the (5th in Africa in ) World Bank Doing Business report, including ranking 68th globally, systematically improving its global ranking by 7 notches up. Despite Nigeria’s latest impressive ranking in the World Bank’s latest ‘Doing Business’ report, the Buhari administration will continue to actively pursue its reform agenda to keep improving the nation’s economy, according to Yemi Osinbajo, Nigerian Vice President.
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