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Rwanda and Kenya most competitive economies in EA, report says

Published on October 06, 2015

Rwanda and Kenya are the most competitive economies in east Africa and are among the top 10 most competitive economies in Africa at position three and six respectively.

According to the newly released Global Competitiveness Report, Tanzania and Uganda follow in at positions 17 and 18 in Africa respectively while Burundi ranks last in the region and among the bottom four on the continent at position 29.

Of the 144 economies assessed, the EAC countries save for Burundi improved on their economic productivity and prosperity moving up their competitiveness rankings from last year.

Uganda emerged as the most improved economy moving up nine places from last year to position 122, followed by Kenya which moved up six places to 90th position while Rwanda and Tanzania moved up four places up to position 62 and 122 respectively. Read more. Source | The East African