In 2019, businesses needed 190 days to register a property in Angola. This was the longest time required in Sub-Saharan Africa for a business to purchase a property and transfer its title. In Somalia, the time needed was 188 days. On the other hand, the registration of a property took seven days in Rwanda. The average time needed in Sub-Saharan Africa was 51.6 days. According to the source, registered property rights boost investment, productivity, and growth in the local economy.
Time needed by businesses to register property in Sub-Saharan Africa as of 2019, by country
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World Bank. (October 24, 2019). Time needed by businesses to register property in Sub-Saharan Africa as of 2019, by country (in days) [Graph]. In Statista. Retrieved July 28, 2024, from https://www.statista.com/statistics/1236531/time-needed-to-register-property-in-sub-saharan-africa-by-country/
World Bank. "Time needed by businesses to register property in Sub-Saharan Africa as of 2019, by country (in days)." Chart. October 24, 2019. Statista. Accessed July 28, 2024. https://www.statista.com/statistics/1236531/time-needed-to-register-property-in-sub-saharan-africa-by-country/
World Bank. (2019). Time needed by businesses to register property in Sub-Saharan Africa as of 2019, by country (in days). Statista. Statista Inc.. Accessed: July 28, 2024. https://www.statista.com/statistics/1236531/time-needed-to-register-property-in-sub-saharan-africa-by-country/
World Bank. "Time Needed by Businesses to Register Property in Sub-saharan Africa as of 2019, by Country (in Days)." Statista, Statista Inc., 24 Oct 2019, https://www.statista.com/statistics/1236531/time-needed-to-register-property-in-sub-saharan-africa-by-country/
World Bank, Time needed by businesses to register property in Sub-Saharan Africa as of 2019, by country (in days) Statista, https://www.statista.com/statistics/1236531/time-needed-to-register-property-in-sub-saharan-africa-by-country/ (last visited July 28, 2024)
Time needed by businesses to register property in Sub-Saharan Africa as of 2019, by country (in days) [Graph], World Bank, October 24, 2019. [Online]. Available: https://www.statista.com/statistics/1236531/time-needed-to-register-property-in-sub-saharan-africa-by-country/