Similarly, several African countries scored higher than the average 50 out of a possible 100 in Business Regulatory Environment and Absence of Restriction on Foreign Investment. However, for many African countries, the economic prospects in the next 2-3 years are dire. “Of course, in this regard, the primary responsibility rests with African themselves – African leaders, civil society actors, entrepreneurs, and the African people. The continent’s premier financial institution, the African Development Bank, has been a growth catalyst through its 5 operational priorities, (Infrastructure, Energy, Technology, Integration and Governance). These values and support have been critical for Africa’s performance to date, and are critical to defining future successes.”

Source: Front Page Africa September 08, 2020 05:51 UTC