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Kenya among top countries in competitiveness - 1 months ago, 17 Feb 00:16

James Wanzala

Kenya’s improvement in the quality of business and investment environment continues to be recognised in various forums.

While the country’s unprecedented rise in the ranking under the World Bank’s Ease of Doing Business (from 136 globally in 2014 to 61 currently) is well known, its strong ranking in the global competitiveness index is less appreciated.

The Global Competitiveness Index (GCI), an initiative of the World Economic Forum (WEF) that assesses the landscape of select economies across the globe, ranks Kenya seventh among the most competitive in Africa.

In the latest report, Kenya was ranked position 93 globally behind African peers Mauritius (49), South Africa (67), Morocco (75), Tunisia (87), Botswana (90), and Algeria (92).

The index provides insight into drivers of productivity and prosperity of the economies.

It consists of indicators derived from WEF’s Executive Opinion Survey conducted at national level by the forum’s network of partner institutes, and ...
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