Saturday, February 22, 2025

Rwanda is World’s Most Innovative Low-Income Economy

By our Correspondent

Categorically, Rwanda is the most innovative economy among low income countries.
This is the case as 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.
Of course, this was confirmed by 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.

Ranked at 45th, 61st and 67th, respectively, Mauritius, South Africa and Morocco are the best ranked African nations.

READ MORE: Africa Finance Corporation, Bank of America lead Discussion on Climate Finance Funding for Africa

Thus, Mauritania, Burundi and Guinea are the least innovative African economies.
This innovative report commends Rwanda’s policies for doing business and its scientific and technical articles which it lists among the nation’s strengths.

Significantly, 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.

Hot this week

Cyberbullying and Cyberstalking: A New Craze for Muffling Expressions on Social Media in Nigeria

In the digital age, social media has emerged as...

WAEC 2024 Results: 67.55% of Private Candidates Secure Five Credits or More

The West African Examinations Council (WAEC) has released the...

Nigeria Sees 9,100 Childhood Cancer Cases Annually Amid Calls for Urgent Action

Nigeria records approximately 127,000 cancer cases annually, with children...

Ghana’s Cholera Crisis: Cases Top 6,100, But Health Efforts Show Signs of Progress

Ghana is battling its worst cholera outbreak in years,...

Djibouti’s Youssouf Secures AU Commission Chair, Pledges Security and Unity

Djibouti’s Foreign Minister, Mahmoud Ali Youssouf, has emerged as...

EFCC Restores Over $120,000, N70.6M to Fraud Victims in U.S., Spain, and Switzerland

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission...

Nigeria Seizes $4.7M, Properties Tied to Former CBN Chief Emefiele

A federal high court in Lagos has ordered the...

Ghana’s Cholera Crisis: Cases Top 6,100, But Health Efforts Show Signs of Progress

Ghana is battling its worst cholera outbreak in years,...

IBB at 83: Nigeria’s Youth Must Lead, Not Just Follow

Former Nigerian military president Ibrahim Badamasi Babangida (IBB) is...

G20 Talks Struggle Amid Ukraine War as UK Slams Russia’s ‘Imperialism’

The Group of 20 foreign ministers' meeting in Johannesburg...

Nigeria’s Local Refineries Cover Less Than 50% of Daily Fuel Demand – NMDPRA

Nigeria’s local refineries have supplied less than half of...

CBN Orders Banks to Disclose Dormant Accounts, Unclaimed Funds Online

The Central Bank of Nigeria (CBN) has mandated all...

Congo Seeks Chad’s Military Support as M23 Insurgency Intensifies

The Democratic Republic of Congo has requested military assistance...

Related Articles

Popular Categories