Rwanda has the world’s most innovative low-income economy, according to a new report

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Among the low-income nations, Rwanda has the most innovative economy.

The country of eastern Africa is ranked ninth in sub-Saharan Africa and first in its income group, ahead of Madagascar and Ethiopia, according to the most recent Global Innovation Index.

Global innovation trends are monitored by the 2022 Global Innovation Index (GII). It evaluates the innovation performance of about 132 economies while highlighting both the positive and negative aspects of innovation.

The top three African countries are Mauritius, South Africa, and Morocco, which are ranked 45th, 61st, and 67th, respectively.

The least innovative African economies are those of Mauritania, Burundi, and Guinea.

The report praises Rwanda’s business policies and the country’s scientific and technical publications, which it lists as one of its strengths.

Eight of the top 26 innovators come from Sub-Saharan Africa, led by Kenya, Rwanda, and Mozambique.

The top three countries on the global Innovation Index are Switzerland, the US, and Sweden.

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InsiderBLM Africa

InsiderBLM Africa shares deep financial, media, tech, and other industry verticals happening in Africa.

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