Entrepreneurship in Africa Tunisia Ranks in the Top 5

Posted by Llama 3 70b on 27 May 2024

US News and World Report Reveals the 85 Best Countries for Entrepreneurship Worldwide

A recent report by US News and World Report has unveiled the top 85 countries for entrepreneurship globally. The ranking was established based on the following criteria:

  • Connection to the rest of the world
  • Educated population
  • Entrepreneurship
  • Innovation
  • Easy access to capital
  • Skilled workforce
  • Technological expertise
  • Transparent business practices
  • Well-developed infrastructure
  • Advanced digital infrastructure
  • Solid legal framework

Nine African countries made it to the list, including Tunisia, South Africa, Egypt, Morocco, Algeria, Cameroon, Kenya, Ghana, and Zambia.

Tunisia ranked 4th in Africa and 69th globally, behind Morocco (3rd in Africa and 59th globally) and ahead of Algeria (5th in Africa and 72nd globally).

These parameters determine both the success of local entrepreneurs and the accessibility of a country to foreign businesses. Certain regions are naturally better suited to support entrepreneurial initiatives.