Doing Business in the East African Community 2011 Report

The East African Community is deepening and widening cooperation among its 5 member states. Spurred by the need to expand markets, boost competitiveness and attract investment, East African countries have continued to take steps to make it easier for local firms to start up and operate.

The main findings of the report are:

• Doing business has become easier in East Africa since 2005.
• Sharing good practices could bring East Africa closer to global top performers.
• If each East African country were to adopt the region’s best practice in each of the Doing Business indicators, the region’s average ranking on the ease of doing business would be 18 rather than 117.
• If the best of East African regulations and procedures were implemented across the board, the business regulatory environment in East Africa, as measured by Doing Business, would be comparable to that in Japan.
• EAC members are already seeking to learn from one another’s good reform practices through the World Bank Group-sponsored Network of Reformers initiative.

Read the  Doing Business in the East African Community 2011 Report here