Morocco has positioned itself in 2016, ranking among the top performing African countries, according to an annual ranking of African countries on the economic emergence, broadcast Friday in Dakar.
The ranking, published by the research group “Institute of Emergence” coordinated by the Senegalese economist and statistical engineer Moubarack Lo, is based on the Synthetic Index of Economic Emergence (ISEME), and is based on four dimensions: inclusive wealth, economic dynamism, structural transformation, and good integration into the world economy,” said a statement from the Research Group.
Morocco, South Africa, Tunisia and Mauritius “are the most successful countries”, in 2016, according to the ranking showing the individual performances of 45 African countries, evaluated under the prism of ISEME, the statement said, stressing that these countries rank among the emerging countries.
Senegal, which ranks 12th, “ranks in the category of potentially emerging countries”, while “the worst performing African countries are Liberia, Sierra Leone, Chad, Guinea Bissau, Burundi and the Central African Republic”, according to the classification of the” Institute of Emergence “.
Of the 45 African countries studied, 41 experienced an improvement in their emergence situation over the period 2005-2016, two experienced a regression and two made no progress.
The countries with the largest increase over the period are: Malawi, Mozambique, Republic of Congo, Zambia, Madagascar, Rwanda, Guinea, Niger, Sierra Leone, Botswana, Gabon, Ivory coast and Zimbabwe, while the countries experiencing a regression are Egypt and Sudan.
According to Lo, who serves as adviser to the Senegalese Prime Minister, economic emergence “is turning a poor country from a low growth equilibrium to a stronger and more sustainable growth equilibrium”.
“The ISEME is a useful complement to indices such as the global competitiveness index or the Doing Business indicator, which measure more potential for attractiveness than palpable performance for the country and its residents, in terms of jobs and additional income,” he told reporters recently.