In August 2015, Legatum Institute released yet another prosperity ranking of 38 African countries basing their judgement criteria on governance, economy, health, security, freedom, education, etc.
Topping the list for Africa on an overall basis in the 2015 Legatum Prosperity Index, is South Africa with a 37 global ranking in entrepreneurship and opportunity; 54 in governance and personal freedom respectively and a commendable 67 position for social capital. Following the mining headquatres of Africa, are Botswana, North African countries and Burkina Faso at the 10th position.
Rwanda is recognized for a good governance standard – inclusiveness and effectiveness but Botswana takes the cake. Rwanda went up from 9th position in Africa(2013) to 8th in 2014 and maintained the position with visible improvements in 2015. And on the other opposite end is Tanzania which has been stagnated at the 117th overall position for 3 years in a row (2013-2015); making the 17th African nation in 2013, and I9th in 2014 & 2015. Central African Republic has been the lowest ranked African country for 2 consecutive years – 2014-15.
“The country(Central African Republic), which has a per capita GDP of $584, has seen increasing violence since the end of 2012, and only 21.5% of the population have access to sanitation according to the prosperity index”.- CNN
Generally speaking, African nations on the average are making remarkable improvements.
“As African economies grow, a chief concern for many governments is how to ensure that the fruits of growth benefit a majority of the population and contribute to true long-term prosperity.”- Nathan Gamester, program director of the Prosperity Index
As an overall ranking (global prosperity position) which will be used for our comparison, please note that a nation may do poorly in an aspect, and equally be good in another.
10. Burkina Faso
Overall Prosperity Index: 107
Overall Prosperity Index: 102
Overall Prosperity Index: 101
Overall Prosperity Index: 100
Overall Prosperity Index: 97
Overall Prosperity Index: 96
Overall Prosperity Index: 94
Overall Prosperity Index: 79
Overall Prosperity Index: 77
Botswana makes the list of the biggest proportional spenders in the world (World Bank). With the highest rate of commendable governance in Africa, the president of the diamond-rich nation, Seretse Khama Ian Khama has become the best performing leader in the continent.
1. South Africa
Overall Prosperity Index: 75
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