Ease of African, especially Egyptian Entrepreneurship
It takes about 34 days (in average) to start a business in our world. What does that mean?
It means that the number of calendar days needed to complete the procedures to legally operate a business is 34 on a global range.
The interesting thing is that African countries are way below average, as shown in the following statistics according to the World Bank:
- Morocco: 12
- Algeria: 24
- Tunisia: 11
- Egypt: 7
- Ethiopia: 9
- Kenya: 33
- Mozambique: 13
- Madagascar: 7
- South Africa: 22
- Zambia: 18
- Angola: 68
- Ghana: 12
- Senegal: 8
- Mali: 8
- Nigeria: 31
- Rwanda: 3
- Tanzania: 29
So technically, it is easier to start a business in Egypt than it is in other parts of the world. Entrepreneurs, grab the chance!
Additional information: If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. This information dates back to 2010.
It means that the number of calendar days needed to complete the procedures to legally operate a business is 34 on a global range.
The interesting thing is that African countries are way below average, as shown in the following statistics according to the World Bank:
- Morocco: 12
- Algeria: 24
- Tunisia: 11
- Egypt: 7
- Ethiopia: 9
- Kenya: 33
- Mozambique: 13
- Madagascar: 7
- South Africa: 22
- Zambia: 18
- Angola: 68
- Ghana: 12
- Senegal: 8
- Mali: 8
- Nigeria: 31
- Rwanda: 3
- Tanzania: 29
So technically, it is easier to start a business in Egypt than it is in other parts of the world. Entrepreneurs, grab the chance!
Additional information: If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. This information dates back to 2010.