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Archive for October 29th, 2013

Rwanda, Côte d’Ivoire, Burundi Lead Sub-Saharan Africa in Improving Business Regulation

Posted by Business in Ghana on October 29, 2013

Washington, D.C., October 29, 2013_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 entrepreneurs, with 66 reforms adopted in the past year. Rwanda, Côte d_Ivoire, and Burundi were among the 10 economies globally improving business regulation the most.

Released today, Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises finds that of the 20 economies improving business regulation the most since 2009, 9 are in Sub-Saharan Africa: Burundi, Sierra Leone, Guinea-Bissau, Rwanda, Togo, Benin, Liberia, Côte d_Ivoire, and Guinea.

The report_s data show that, of 47 economies in the region, 31 implemented at least one business regulatory reform in 2012/13. Rwanda implemented the most in the region, with reforms in 8 of the 10 areas tracked by Doing Business.  Three African economies made the biggest progress globally in an area measured by the report: Burundi in the ease of registering property, Benin in the ease of trading across borders, and Côte d_Ivoire in the ease of enforcing contracts. Read the rest of this entry »

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