As of 2020, Botswana had the highest new business density in Africa. The country recorded nearly 18 new companies per 1,000 people. Cabo Verde had the second-highest new business density on the continent, with 13 new registrations per 1,000 population. South Africa followed, with the proportion standing at 12.5 new businesses per thousand people.
Number of new business enterprises per 1,000 population in Africa as of 2020, by country
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World Bank. (January 17, 2022). Number of new business enterprises per 1,000 population in Africa as of 2020, by country [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1284699/new-business-density-in-africa-by-country/
World Bank. "Number of new business enterprises per 1,000 population in Africa as of 2020, by country ." Chart. January 17, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1284699/new-business-density-in-africa-by-country/
World Bank. (2022). Number of new business enterprises per 1,000 population in Africa as of 2020, by country . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1284699/new-business-density-in-africa-by-country/
World Bank. "Number of New Business Enterprises per 1,000 Population in Africa as of 2020, by Country ." Statista, Statista Inc., 17 Jan 2022, https://www.statista.com/statistics/1284699/new-business-density-in-africa-by-country/
World Bank, Number of new business enterprises per 1,000 population in Africa as of 2020, by country Statista, https://www.statista.com/statistics/1284699/new-business-density-in-africa-by-country/ (last visited December 22, 2024)
Number of new business enterprises per 1,000 population in Africa as of 2020, by country [Graph], World Bank, January 17, 2022. [Online]. Available: https://www.statista.com/statistics/1284699/new-business-density-in-africa-by-country/