(Business in Cameroon) - This year’s World Economic Forum (WEF) ranked Cameroon as the World’s 114^th most competitive economy, out of the 140 countries evaluated. Though rising two places in the rankings as compared to last year, Cameroon still comes behind Gabon (104^th), which is central Africa’s leading nation according to the 2015-2016 report.

However, in this 2015-2016 ranking, Cameroon is 10 steps ahead of Nigeria (124^th) which by the way is Africa’s leading economy. In Africa, just like for the previous year, Mauritius came out as the most competitive with South Africa nipping at its heels.

For 2 years now, Cameroon has been stagnating in this ranking which is now the main competitiveness measurement mean in the world, contenting itself with slight movements up and down (two to three places) the global ranking. Reasons explaining this lack of progress include the energy deficit, the lack of infrastructures, education and job mismatch, the hurdles encountered in the institutional business environment, etc.