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    BREAKING NEWS
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
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    South Africa, Rwanda, Kenya Among others Ranked Africa most Innovative Economy – Report

    Posted On 30 Dec 2022
    By : New Africa Business News, Staff Correspondent
    Comments: 8

    By Richard Adorsu-

    Great Map of Africa 
    Photo Credit: Creazille

    NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- Rwanda is the most innovative economy among low income countries. According to the latest Global innovation index, the Eastern African Nation ranks first of its
    income group before Madagascar and Ethiopia, sits on 9th spot of the sub-Saharan African group.

    The 2022 Global Innovation Index or GII tracks innovation trends worldwide. It assesses the innovation performance of around 132 economies while highlighting innovation strengths and weaknesses.

    Mauritius, South Africa and Morocco are the best ranked African Nations respectively 45th, 61st and 67th.

    While Mauritania, Burundi and Guinea are the least innovative African economies.

    The report commends Rwanda’s policies for doing business and its scientific and technical articles which it lists among the nation’s strengths.

    Of the 26 outperformers on innovation, eight are from Sub-Saharan Africa, with Kenya, Rwanda and Mozambique in the lead.

    Switzerland, the United States and Sweden lead the global Innovation Index.

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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    8 Comments

    1. Kenneth December 30, 2022 at 8:05 am Reply

      Africa innovation thank to our youths. Hope more is done by our governments. Nairobi in Kenya. Kenneth

      • New Africa Business News, Staff Correspondent December 30, 2022 at 8:16 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Paul December 30, 2022 at 8:07 am Reply

      Is happening, developments in all angles, in our Great Continent. Juba in South Sudan. Paul

      • New Africa Business News, Staff Correspondent December 30, 2022 at 8:16 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Patrick December 30, 2022 at 8:11 am Reply

      Thank to our young population in Afrika. Technology innovation is being happening. Thank you for the daily news letters too. Harare in Zimbabwe. Patrick

      • New Africa Business News, Staff Correspondent December 30, 2022 at 8:15 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Tency December 30, 2022 at 8:14 am Reply

      Yes, technology is making it happen. Innovation is growing. Tency in Cape town, South Africa

      • New Africa Business News, Staff Correspondent December 30, 2022 at 8:15 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

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    • Nigeria Launches National Domestic Payments Card Program
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