Angola is among the top 10 countries where it is more difficult to do business, according to the World Bank Group “Doing Business 2017- Equal Opportunities for All” report, which assesses 190 countries.
The World Bank report concludes that 137 countries have undertaken reforms to improve the business climate in 2015/16, 20% more than last year.
The report includes a ‘ranking’ of 190 countries, led by New Zealand, which with a rating of 87.01 points is rated as the world economy where it is easiest to do business. At the bottom of the list is Somalia with a score of 20.29.
In the best position among the Portuguese-speaking countries is Portugal (with 77.4 points), one of the three countries of the Community of Portuguese-Speaking Countries (CPLP) which improved their performance, although down two places to 125th.
Brazil is the second highest-ranked Portuguese-speaking country in 123rd place, below compared to 116th last year.
Cabo Verde (Cape Verde) is the third highest ranked Lusophone economy in 129th place, with a total of 55.28 points, followed by Mozambique in 137th place with 53.78 points.
Sao Tome and Principe (162nd) and Guinea-Bissau (172nd) were the two other Lusophone economies that improved their position in the Doing Business ranking.
Angola (182nd), Equatorial Guinea (178th) and Timor-Leste (175th) are the Portuguese-speaking countries with the worst business climates. (macauhub)