Tunisia is the best country in Africa for entrepreneurs, beating economic giants Nigeria, Egypt and South Africa. According to the 2018 Global Entrepreneurship Index (GEI), the North African country offers great benefits, including a “healthy start-up ecosystem — with cascading national benefits”.
The index was produced by the Global Entrepreneurship and Development Institute and funded by the European Union, World Bank and others. It measures fourteen different aspects that define the quality and dynamics of entrepreneurship ecosystems. Tunisia came out first in the African ranking, 40th of 137 surveyed countries in the world.
Tunisia scored high marks for ‘confidence in the quality of Tunisian entrepreneurs’, as well as Tunisia’s supporting institutions (such as a legal framework to support entrepreneurs).
According to a report by OZY, other African countries that offer a good environment for startups are Botswana, South Africa and Egypt. Nigeria scored relatively low.
Further reading on ozy.com