Togo ranked 27th over 54 in African Emergence Index
Thursday, 01 March 2018 15:39 
(Togo First) - In a recent report entitled African Emergence Index, Togo was ranked 27th out of the continent’s 54 countries. The rankings which was put in place by African experts was reported by Ecofin Agency.
Togo scored 45.76/100 and was listed under the “potential” category. The latter regroups economies with significant resources and capacities but which are not yet able to tap into those to achieve emergence.
The nation with its score comes ahead more stable economies such as Nigeria (a score of 39.5 and listed in the “potential” category) and Côte d’Ivoire (same category and a score of 42.56).
However, in West Africa, it is behind Cape Verde (57.73 points and 5th rank) and Ghana (55.45pt, 7th rank). These two are labelled emerging economies which means they are “engaged in a sustainable transformation process, this is in stable institutional, inclusive and socio-political context that can insure this sustainability”.
Next are Senegal with 51.49 points and Benin with 47.82 points which have been placed under the Threshold category. Under the latter are “countries which are at the frontier towards emergence”.
Surprisingly, a country like Angola is listed under the “Others” category which regroups nations whose “performances do not yet allow them to be, at least not for now, put in the emerging category”, the press agency states.
In the top 5 of this index are Mauritius (68.04pt), South Africa (62.74), Seychelles (61.31), Botswana (60.31) and Cape Verde.
The report ranks nations based on 23 criteria also falling under four main points (political and economic environments; human development and social environment).
