ARE YOU READY TO INVEST IN AFRICA AND THE CARIBBEAN?.

Trade and investment in Africa is increasing as political and economic reforms proceed. to be sure, the reforms are not in place everywhere, but many countries have been lifting foreign exchange controls, phasing out import restrictions and price controls, dismantling monopolies and privatizing state owned industries. moreover, legislation introduced in the U.S. Congress in 1997(AGOA) with bipartisan support would encourage free trade agreements, eliminate trade barriers, and assist in creating new businesses and building infrastructure in Africa. In most African countries, it takes an average of 30
days to one year to register a business-stifling bureaucracy and corruption.
According to World Bank's Doing Business 2012 report,  ten (10) African countries top the list of countries with excellent investment climates. The most important criteria used by the bank in reaching this conclusion, include enforcing contracts, registering property, paying taxes, protecting investors, providing electricity, providing credit, level of corruption, trading across borders, dealing with construction permits and registration of business.

Here are the list of ten (10) most business friendly countries in Black Africa:
1. Mauritius
2. South Africa
3. Rwanda
4.Botswana
5.Ghana
6. Namibia
7. Zambia
8. Seychelles
9. Kenya
10. Ethiopia.

The ten(10) worst countries to do business in Black Africa are:
1. Chad
2. Democratic Republic of the Congo
3. Central African Republic
4. Eritrea
5. Guinea
6. Niger
7. Angola
8.Rep of Congo
9. Guinea Bissau
10. Benin

The ten (10) richest countries in Africa based on per capita GDP are:
1. Equatorial Guinea-$37,900
2. Botswana-$15,000
3.Gabon-$14, 900
4. Libya-$14, 900
5. Mauritius-$12, 400
6. South Africa-$10, 400
7. Angola-$9, 100
8.Tunisia-$8, 000
9. Algeria-$7, 100
10. Egypt-$5, 500.
Though Equatorial Guinea has the highest gdp per capita, 70% of its population cannot afford the basic necessities of life-clean water, electricity, education, etc. this is because President Theodoro Obiang and his family appropriate almost 80% of the country's oil income for themselves and execute any citizen who asks questions. About 8 years ago, the FBI seized about 500 million dollars belonging to Obiang at Riggs bank in Washington, DC. Recently, the U.S. govt seized
millions of dollars worth of property in California belonging to President Obiang's son. What makes the case of Equatorial Guinea tragic, is that this is a country of less than  800,000 people, with an oil wealth as much as that of Kuwait. Is there any reason why a citizen of this country should go hungry in the midst of such stupendous wealth
Though Nigeria is Black Africa's largest oil producer, its gdp per capita is $600.00.