Friday, November 22, 2024

Report: The most inventive low-income economy is in Rwanda.

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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 and 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.

Additional sources • GII

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