[Money Moves] Top 5 best countries in Africa for business

Mildred Europa Taylor May 28, 2018 at 10:53am

May 28, 2018 at 10:53 am | Money Moves

Mildred Europa Taylor

Mildred Europa Taylor | Head of Content

May 28, 2018 at 10:53 am | Money Moves

President Kagame (C) with business operators and government officials — The New Times

Rwanda

This is currently one of the fastest growing economies in central Africa and 41st on the Ease of Doing Business ranking worldwide.

By 2020, Rwanda hopes to have a knowledge and service-based economy through various reforms.

It has so far improved its building permit process and ensured quality control during construction.

People are able to easily register their goods using online services. The land registry has also seen some improvements, as it takes only 7 days to transfer a property.

Reforms have also been made in the payment of taxes and execution of contracts. Minority investors are further given massive protection.

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