Africa is making strides in cutting red tape and improving business regulation, according to a report published today by the International Finance Corporation, the private sector arm of the World Bank.
Two-thirds of African countries implemented at least one pro-business reform over the past year, with Tanzania and Ghana among the top 10 reforming nations, the study finds.
Other active African reformers include Benin, Burkina Faso, Cameroon, Gambia, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria and Zambia.
These countries have simplified business regulation, and some have improved property rights and made it easier to start companies.
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