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Infos Business of Friday, 18 November 2016

Source: Business in Cameroon

Cameroon among top 20 in Africa for entrepreneurship in 2017

Cameroon among best 20 countries in Africa for entrepreneurship in 2017 Cameroon among best 20 countries in Africa for entrepreneurship in 2017

In the CEMAC zone, Cameroon is largely outranked by Gabon, who is ranked 7th in Africa and 75th globally. With Tunisia (+20) and Ghana (+13), Gabon (+11) is one of the States with the strongest progression compared to the 2016 ranking, as noted by the Global Entrepreneurship Development Institute.

At the continental level, the five top African countries for entrepreneurship in 2017 are Tunisia (42nd worldwide), Botswana (52nd), South Africa (55th), Namibia and Morocco.

At the international level, the United States of America take first place on the podium, before Switzerland, Canada, Sweden, Denmark, Iceland, Australia, the UK, Ireland and the Netherlands.

The Global Entrepreneurship Index is based on several criteria among which can be listed the way society perceives entrepreneurship, the risk level, the quality of education, competences in terms of start-up creation, level of internet use, level of corruption, economic freedom and depth of capital market.

“Our index gives decision-makers a tool to understand the strengths and weaknesses of entrepreneurship in their country, thus enabling them to implement policies which will promote productive company policy”, explains GEDI.