Document: The State of Regulatory Best Practice in Africa

Regulatory Best Practice (RBP) captures the idea that the regulatory environment should be as favourable as possible for trade and investment. Recent research has shown that an appropriate regulatory and institutional environment is the single most important component of a country’s economic growth strategy.

This report summarises a desk-top survey of 12 countries undertaken by SBP to assess the current state of RBP initiatives in Africa, which provides a baseline for assessing progress as the project unfolds over the next few years.