Antswisa Africa Markets Research
Building momentum in African markets research will require economic development innovation and continuous improvements to expand the African economy to respond to the unemployment and improve the Gross National Happiness of independent economies. African economic development policy success will be portrayed by low unemployment and high productive capacity.
Doing Business in Africa depicted improvements positioning Mauritius (13) as the highest-ranking Sub-Saharan African economy overall. It is also the only economy from this region in the top 20 cohort. The second highest ranked economy in the region is Rwanda (38). Mauritius (13) and Rwanda (38) are the only two Sub-Saharan African economies in the top 50 on the ease of doing business ranking. South Sudan (185), Eritrea (189), and Somalia (190) are the lowest ranked economies in the region. Other large economies in the region and their rankings are Kenya (56), South Africa (84), Ghana (118), Nigeria (131), and the Democratic Republic of Congo (183).
The region’s economies perform best in the area of getting credit (113). Conversely, the region underperforms in the areas of getting electricity (146), trading across borders (140) and registering property (129). For example, the cost to obtain a permanent electrical connection in Sub-Saharan Africa is 3 times higher than the global average and 52 times higher than in the OECD high-income group. It takes over 200 hours in Côte d’Ivoire and Cameroon to comply with export border procedures for maritime transport, compared with 13 hours in OECD high-income economies.
Ports in Sub-Saharan African are the least efficient of any region. Sub-Saharan Africa remains one of the weakest-performing regions on the ease of doing business ranking with an average score of 51.8, well below the OECD high-income economy average of 78.4 and the global average of 63. Compared with the previous year, Sub-Saharan African economies increased their average doing business score by 0.9 points.
The South African Economy is anticipated to contracting with more than 4% , a deficit of above 15%, 35% tax-take fall, more than 1.5 million people expected to lose jobs because of Covid19, inequality and poverty might also worsen, Antswisa Economic and Investment research believe that South Africa needs to restructure the economy to redress it’s socioeconomic development challenges.
Antswisa Economic and Investment Research believe that it has been a tough few years for African economies, with factors such as adverse weather conditions, depressed commodity prices, Global Covid19 economic crisis leaving African countries in need of expert economic development restructuring and bouts of political instability impacting productive capacity and growth.
Structural transformation are in demand to save the African continent from a decade recovery and The formalizing the informal market and finding a modern and affordable alternative solutions for corporate finance turnaround are the keys to unlocking productivity gains.
Our Economic and Investment Research Services are:
- To provide economic development planning focussed on growth, employment and productive capacity
- To improve doing business indicators and facilitate investment opportunities.
- Guide on policy-oriented research and encouraging pragmatic economic research to impact on the expansion of the capital markets.
- Provide expert economic advice in formulating and rebuilding sectors such as Agriculture; Manufacturing; Mining; Circular Economy; Technology, Media and Telecommunications; Commercial Transport; Tourism and Banking.