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Most prosperous African Countries: Cameroon drops position drastically
At the conclusion of this year 2016, Cameroon is the 27th most prosperous country in Africa (out of 45 countries) and the 127th in the world, according to London-based think tank Legatum Institute, who published the Legatum Institute Prosperity Index on 3 November 2016. The country loses 9 spots in the African ranking compared to last year's edition issued on 1 June, and in which Cameroon was 18th.
Cameroon is outranked by small countries such as Djibouti (16th) or Togo, who grabbed the spot just ahead of Cameroon; or countries which went through several years of civil warnsuch as Côte d’Ivoire (23rd) and Sierra Leone (25th). Within the Central African Economic and Monetary Community (CEMAC), which gathers six States, Cameroon comes in six spots behind Gabon, ranked 21th.
The most prosperous country in Africa, according to this report is Mauritius, who takes the first seat away from South Africa, down to the 2nd spot in this ranking, followed by Botswana, who completes the winning trio of most prosperous States in Africa.
The last ranking, which lists 149 countries worldwide, was based, we learned, on more than 90 criteria grouped in eight categories: economy, business environment, governance, education, health, security, personal freedom and social capital.
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