The Africa Country Benchmark Report (ACBR) 2017

The Africa Country Benchmark Report (ACBR) is the definitive resource for understanding Africa, providing comprehensive assessments of all 54 African countries. The report scores, ranks and insightfully assesses each country holistically, as well as across business, economic, political and social factors, all presented in an 800-page infographic-driven publication.

View the ACBR intro video below or click here for more information on the ACBR.

Looking at the data: Lessons on best African economic policy

ACBR analysis in brief | More than the private sector, governments determine the success or failure of African economies. Government policies that propel economies toward prosperity should be shaped on best practices discernible in an analysis of Africa’s 54 countries’ economies in IOA’s 2017 Africa Country Benchmark Report.

The economies of Africa’s many and diverse countries prosper or fail on the basis of their government’s political performance, which invariably shapes their response to economic issues. Examples range from South Africa, where the national currency is the world’s most volatile because investors tie the rand to governmental conflicts, to Africa’s well-performing small island economies that prosper because of governmental foresight, with progressive economic policies. An examination of the lead economic indexes on Africa has drawn these insights as part of IOA’s 2017 Africa Country Benchmark Report (ACBR) assessments of overall national performances. Other factors determine the success or failure of economies, and from these lessons can be drawn on the best and worst practices.

The 2017 ACBR analyses 34 international indexes and 30 key indicators, and from this data specific to the economic field, the top five economic ‘takeaways’ emerge. The data points to commonalities found in African counties’ economic successes and failures, and offer insight into countries’ overall economic performances, from trade and investment to equality and stability.

Here are five important lessons that should be learned from, demonstrated by countries that perform well in the ACBR’s economics section:
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Looking at the data: Lessons on best African social policy

ACBR analysis in brief | Poverty and a lack of individual rights has hindered social progress in Africa. However, some of the continent’s 54 countries have shown how to establish winning policies and succeed with national development by uplifting living standards and ensuring democratic rights.

Africa’s countries are as varied as their cultural and historic circumstances, as well as their environments and natural resources. All emerged from the colonial era encumbered by poverty, and all went in several directions to achieve social development. IOA’s 2017 Africa Country Benchmark Report (ACBR) assesses which African countries have succeeded in developing effective social welfares and can offer lessons to other developing African countries. The conflict between honouring traditional practices and achieving human rights requires compromise, with traditional authorities honoured with customary respect but citizens allowed to pursue their aspirations in business and politics unfettered by state constraints. Progressive social welfare policies result in improved conditions for all people in a country. Governments can pay for these programmes from revenues earned by well-performing economies, made possible by open, equitable societies where individuals are allowed to think, imagine and ultimately prosper.

The top five social welfare ‘takeaways’ from the 2017 ACBR were discerned by analysing data from the 34 international indexes and 30 key indicators that were incorporated into the survey. A holistic view of a country’s performance results clearly shows how economic and political factors work to the success or detriment of social progress. Out of this evaluation emerges some commonalities found in African counties that score highest in their people’s education, freedoms, health and safety.

Here are five important lessons learned from countries that perform well in the ACBR’s society section:

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IOA at a glance

Over the past decade, In On Africa (IOA) has positioned itself as one of the top research, intelligence and publishing firms in and focused exclusively on Africa. The company works with a wide array of clients across the African continent through its complementary divisions, service offerings and insight-driven products.

The infographic provides a snapshot of IOA – its core offerings, mission, values, vision and key differentiators.