JONATHAN COOK: African that countries promote entrepreneurship best
SA is listed second on the African entrepreneurial ecosystem index, with a strong financial sector, but poor support
19 March 2024 - 05:00
Which countries in Africa provide a healthy environment for entrepreneurship? It is notoriously difficult to collect accurate data. The Global Entrepreneurship Monitor (GEM) reports on 49 countries, but the only African countries included are Morocco and SA.
On the 2023/24 overall GEM national entrepreneurial context index score, the United Arab Emirates (UAE) is way out in front, with a record score of 7.7, followed by India, Saudi Arabia and Lithuania. Morocco comes 30th, with a score of 4.3. SA comes a dismal 47th, with 3.6, above Venezuela and Iran and just below Brazil and Guatemala. ..
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