Mauritius, South Africa, Botswana, Kenya and Morocco, in latest inovative economies global report, ranked far above Nigeria in Africa as countries with the most innovative economies.
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This is according to the World Intellectual Property Organisation’s (WIPO’s) Global Innovation Index (GII) 2022, which was released on Monday.
The GII2022 report tracks the current state of global innovation and identifies areas where innovation is essential to drive the creation of ideas, businesses, and solutions that address challenges faced by citizens, including support for entrepreneurship, food security and local food production, digital innovation for the future of work, and energy solutions.
In the report, Kenya is noted as having registered 30,300 companies and being one of the continent’s biggest adopters of mobile phones and digital technology. Botswana, a new entrant on the list, is ranked in several categories, including institutions, human capital and research, knowledge, and technology outputs
Indeed, in the GII, which surveyed 132 countries across the globe, ranked Nigeria 114, scoring 16.9 per cent and placed her 13 in Africa.
Switzerland has the most innovative economy both globally and in Europe, scoring 64.6 per cent. The United States ranked second with 61.8 per cent; Sweden was third with 61.7 per cent; United Kingdom was next with 59.7 per cent and Netherlands followed with 58 per cent.
Globally, South Africa ranked 61st and second in Africa with 29.8 per cent score. Morocco, which was eight in the region, ranked 67th globally with a 28.8 per cent score. Mauritius is Africa’s most innovative economy and ranked 45th globally with 34.4 per cent score.
Botswana ranked third in Africa and 86th globally with a 23.9 per cent score; Kenya was positioned 88th globally with 22.7 per cent and fourth in Africa. On the global map, Kenya was followed by Egypt, which ranked 89th and 15th in Africa with 22.7 per cent.
Further, WIPO noted that in the last 20 years, Africa’s Internet and digital penetration have grown to some 570 million Internet users, thanks to innovation that led to more than 1.2 million kilometres of Internet cables across the world’s ocean floors.