Rwanda was named today as the world's top business reformer, measured by the changes the country has made over the past year to make doing business there easier. And Mauritius retained its top ranking as the African country in which it is easiest to do business. The two countries are named as top performers in the annual report on the ease of doing business published by the International Finance Corporation (IFC) and the World Bank. "It now takes a Rwandan entrepreneur just two procedures and three days to start a business," said a statement issued by the IFC and the World Bank. "Imports and exports are more efficient, and transferring property takes less time thanks to a reorganized registry and statutory time limits. Investors have more protection, insolvency reorganization has been streamlined, and a wider range of assets can be used as collateral to access credit." Rwanda's ranking was based on the number and impact of reforms introduced in the year to May 2009.
woo hoo! brilliant news for a people that have worked so hard to rebuild and redefine.