Rwanda ranks among the world's top performers in business readiness #rwanda #RwOT

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The Business Ready 2025 report, which assesses 101 economies, evaluates how ready economies are to support businesses and job creation by examining three key areas: the Regulatory Framework, Public Services, and Operational Efficiency. Rwanda's performance stands out, especially in the Operational Efficiency pillar, where the country has made remarkable progress compared to many other developing nations.

In the Regulatory Framework pillar, Rwanda scored 71.47 points, significantly above the global average of 66.32. This strong score reflects the country's well-established legal environment that promotes transparency, fair competition, and property rights, critical factors for attracting investment and fostering entrepreneurship. The country has created a legal landscape that supports businesses and entrepreneurs, which is essential for economic growth and development.

Rwanda also excelled in Operational Efficiency, achieving a score of 72.54, well above the global average of 60.03. This result highlights Rwanda's effective governance in streamlining processes, reducing red tape, and improving service delivery.

However, Rwanda's performance in the Public Services pillar reflects both notable progress and opportunities for further strengthening. The country scored 59.81, above the global average of 53.97, reflecting steady gains in areas such as digital government platforms, access to administrative services, and efforts to modernise public sector delivery.

According to the report, Rwanda is one of only three countries worldwide, alongside Bahrain and Colombia, to achieve top-quintile performance in at least one of the three core pillars of business readiness, and it is the only country in Sub-Saharan Africa to do so.

'Consistent strong performance is rare,' the report notes, adding that top results are overwhelmingly concentrated in OECD high-income economies, making Rwanda's placement a notable exception.

Rwanda continues to make significant strides in improving its business environment, ranking among the top performers globally in the World Bank's Business Ready 2025 report. The latest findings highlight Rwanda's robust regulatory framework, operational efficiency, and commitment to creating a favourable environment for business growth.

Wycliffe Nyamasege



Source : https://en.igihe.com/business-62/article/rwanda-ranks-among-the-world-s-top-performers-in-business-readiness

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