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This is about an interesting app that's being used to make trade easier within the continent. Maybe apps like these can have a significant impact with improving African economies.
More African governments are reforming their regulations.
Quote:
IT TAKES on average 4.3 days to satisfy the regulatory requirements to start a business in North America, according to the World Bank. In Africa, it takes 69.5 days.
It’s no economic secret that lumbering bureaucracies undercut productivity, encourage commerce outside the formal sector and fuel corruption, but Africa has been slower than other parts of the world in recognising this. Now that’s starting to change. More and more countries on the continent are beginning to streamline their regulatory regimes to jumpstart their economies. The new government in Kenya has begun moving towards a single business permit. Uganda recently launched a pilot streamlined trade-licensing system...
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