Top 20 Most Competitive Economies in Africa, 2018 – World Economic Forum

Must Read

African Tribe: The Daasanach People of Eastern Africa

The Daasanach are a semi-nomadic tribe numbering approximately 50,000 whose clans stretch across Sudan, Kenya and Southern Ethiopia. The Daasanach...

Mali Swears In Bah Ndaw As New Civilian Leader

Mali's new president Bah Ndaw has been sworn into office, five weeks after the overthrow of Ibrahim Boubacar Keïta. Former...

Troublesome South African Baboon Evicted For Organizing Gang To Raid Homes

Kataza is an urban baboon who was captured and put in a local prison for organizing a band of baboons to join him in raiding 15 homes in Kommetjie, on Cape Town's southern peninsula in South Africa.



Mauritius has the most competitive economy in Africa, they are closely followed by South Africa and Seychelles.

Top 20 Most Competitive Economies in Africa, 2018

The World Economic Forum’s Global Competitiveness Index 4.0 is a composite indicator that assesses the set of factors that determine an economy’s level of productivity – widely considered as the most important determinant of long-term growth.

The GCI 4.0 framework is built around 12 main drivers of productivity — Institutions, Infrastructure; Technological readiness; Macroeconomic context; Health; Education and skills; Product market; Labour market; Financial system; Market size; Business dynamism; and Innovation.

Key Points from the Report
The economic prospects of Sub-Saharan Africa are at crossing point. The average GDP growth of the region has fallen below 5% since 2015 and is expected to grow at 3.4% in 2018.. To date, Sub-Saharan Africa, with an average score of 46.2, has the lowest GCI score among all regions and demonstrates the weakest average regional performance on 10 out of the 12 pillars.

Within Sub-Saharan Africa, Southern African countries have achieved a relatively higher competitiveness performance (48.0) compared to East Africa (46.8) and West Africa (44.5). These differences are even more prominent at country level. The score attained by the regional leaders (Mauritius, 63.7, and South Africa, 60.8) are almost twice as large as those of the two least competitive economies.

Some economies have emerged as regional leaders on specific domains. Kenya, the most competitive economy in East Africa, is developing into one of the region’s strongest innovation hubs (36.5 on the Innovation capability pillar), comparable to South Africa and Mauritius. Rwanda, with a score of 64.4, leads Africa in terms of institutional quality, followed by Mauritius (62.8), Namibia (57.2) and Ghana (55.7), the most competitive economy in West Africa.

Related:   African Tribe: The Artistic Ndebeles of Southern Africa

Mauritius ranks 49th globally. With a score of 63.7 out of 100 it achieves the best performance in Africa, in line with 2017. Mauritius’s leading position in the region is reflected in a GDP growth consistently above 3% since 2006, and above 4% over the past three years.

Nigeria may have the biggest economy in Africa, but when it comes to competitiveness, the country has been relegated to the bottom.
Nigeria was ranked 115th in the world and 16th most competitive economy in Africa.
According to the report, Nigeria’s greatest competitive advantages include its market size, Labour market and business dynamism.

While the areas that the country needs to improve include, innovation capability, ICT adoption, enabling environment component, human capital component and infrastructure.

South Africa ranks 67th globally—with a score of 60.8—and attains the second spot in Sub-Saharan Africa. Among its strengths, South Africa is home to a large market size (68.4), good infrastructure (68.6) and a well-developed financial system (82.1, 18th). More specifically,

Below are the Top 20 Most Competitive Countries in Africa, 2018

1. Mauritius, Score 63.7
2. South Africa, Score 60.8
3. Seychelles, Score 58.5
4. Morocco, Score 58.5
5. Tunisia, Score 55.6
6. Botswana, Score 54.5
7. Algeria, Score 53.8
8. Kenya, Score 53.7
9. Egypt, Score 53.6
10. Namibia, Score 52.7
11. Ghana, Score 51.3
12. Rwanda, Score 50.9
13. Cape Verde , Score 50.2
14. Senegal, Score 49.0
15. Ivory Coast, Score 47. 6
16. Nigeria, Score 47.5
17. Tanzania, Score 47.2
18. Uganda, Score 46.8
19. Zambia, Score 46.1
20. Gambia, Score 45.5



Uzonna Anele
Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world.

Subscribe to receive email updates

With a subscription profile, you automatically receive updates without having to return to the website and check for changes

Just In

African Tribe: The Daasanach People of Eastern Africa

The Daasanach are a semi-nomadic tribe numbering approximately 50,000 whose clans stretch across Sudan, Kenya and Southern Ethiopia. The Daasanach...

Mali Swears In Bah Ndaw As New Civilian Leader

Mali's new president Bah Ndaw has been sworn into office, five weeks after the overthrow of Ibrahim Boubacar Keïta. Former Defence Minister Bah Ndaw, 70,...

Troublesome South African Baboon Evicted For Organizing Gang To Raid Homes

Kataza is an urban baboon who was captured and put in a local prison for organizing a band of baboons to join him in raiding 15 homes in Kommetjie, on Cape Town's southern peninsula in South Africa.

A Leading University In China Now Teaches Ethiopia’s Amharic Language As A Full Course

A leading university in China — Beijing Foreign Studies University (BFSU) — has started to offer Ethiopia's widely spoken Amharic language as a full...

TIME 100: Tony Elumelu, Three Other Nigerians Makes Time’s list of 100 Most Influential People Of 2020

Tony Elumelu, is among four Nigerians named by the Time Magazine International in their 2020 list of 100 most influential people in the world...

More Articles Like This