The 5 worst African countries to do business by the World Bank – Strategy


The World Bank Group has come up with a list of the worst countries in Sub-Saharan Africa to do business in.

In the Doing Business 2018 report, produced by the World Bank, rankings were based on property registration, ability to get credit, taxes, electricity, other business regulations and if the countries followed the 83 reforms, that were implemented in 2017.

Based on these rankings, Somalia came in last on the global list at number 190, while Africa’s largest economy, Nigeria, was ranked 145th.

Here are the five worst African countries to do business in, according to the World Bank:

Somalia

As mentioned earlier, the East African country has been ranked as one of the worst places to do business in. Political instability, economic collapse, and terrorism threats by militant group al-Shabaab make…

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