Mozambique and five other African countries dominate the bottom ten markets, i.e. those with a low ranking, in the Emerging Markets Logistics Index 2023, by Agility. The justification is that it is difficult to do business in these countries from a regulatory, operational and commercial perspective.
Representing the Portuguese-speaking countries, Mozambique appears in 46th place, above Angola in 49th place, according to the data consulted by MZNews.
O Agility-Emerging-Markets-Logistics-Index 2023 says that in the group of 50 countries in the index Business Fundamentals (Business Fundamentals), Mozambique, Angola, Libya (48), Ethiopia (45) and Nigeria (43) are among the ten countries with the greatest obstacles to doing business. The other countries are Lebanon (41), Bolivia (42), Bangladesh (44), Myanmar (47) and Venezuela (50).
"This highlights the lack of governance, the incidence of crime, the fragile security environment, as well as the weakness of infrastructure throughout the region," reads the publication.
Although there are countries that are following a promising course in their economy, such as Ghana, which rose six places in the index to 22nd place, ahead of South Africa in 23rd, "there are still high levels of bureaucracy in the market that stifle innovation and will prevent companies from benefiting from greater integration with the world's economy".
The index Business FundamentalsThe report, which takes into account metrics such as the weight of government regulations, the strength of property rights legislation, the ability to enforce contracts, as well as levels of crime and violence, corruption, the quality of infrastructure and access to credit.
From Overall RankingAmong the African countries evaluated, Morocco is the best ranked in 20th place, followed by Egypt in 21st place and South Africa in 24th place. Mozambique is 46th and Angola 48th.
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