Businesses have the option to go beyond national boundaries for new markets and investment opportunities in today’s globally adjacent world. Even though doing business abroad might be difficult, there are some nations that stand out as being highly conducive for both businesses and individuals. These countries have welcoming business environments, strong infrastructure, steady economies, and accommodating regulatory frameworks.
This is especially true in Africa which has become a new hub of investment. Africa is considered one of the fastest-growing economies in the world, and although the continent has its own fair share of socioeconomic issues that hinder business growth, a good number of countries in the region are quickly becoming accommodating to business owners. CASPI want to highlight these countries for the benefit of our clients.
The CASPI scores incorporate medium-term economic growth forecasts, economic size, economic structure, and demographics. The economic growth outlook has the biggest weight in the CASPI score, as investment opportunities multiply where economic growth is strong.