Doing Business 2019: Algeria still lagging behind many other African countries

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The U.S based magazine Forbes has just published its annual ranking of where it is best to conduct business in Africa. Out of the 47 African countries examined, Mauritius has come first, followed by South Africa and Morocco coming third.

Algeria has not made the top 10 on this occasion, ranked 17th in Africa, and 114th in the world.

In Africa, Algeria fell behind Uganda, Nigeria and Cape Verde ranking respectively at the 16th, 15th and 14th spots. Here’s the top 20 for the continent:

  1. Mauritius
  2. South Africa
  3. Morocco
  4. Seychelles
  5. Tunisia
  6. Botswana
  7. Rwanda
  8. Kenya
  9. Ghana
  10. Egypt
  11. Namibia
  12. Senegal
  13. Zambia
  14. Cape Verde
  15. Nigeria
  16. Uganda
  17. Algeria
  18. Ivory Coast
  19. Benin
  20. Tanzania

According to Forbes, factors used to determine the ranking are: property rights, innovation, taxes, technology, corruption, infrastructure, market size, political risk, quality of life, workforce, freedom (personal, trade and monetary), red tape and investor protection.