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Rwanda, Benin and Cape Verde will be leaders in sub-Saharan Africa by 2023 in terms of the quality of national policies and institutions, according to a new World Bank report.
The recognition comes from the Country Policy and Institutional Assessment (CPIA), an important measurement tool for countries eligible for International Development Association (IDA) assistance. The CPIA assesses the effectiveness of national policies and institutions in poverty reduction, sustainable growth and development aid management on a scale of 1 to 6. In 2023, Rwanda scored the highest at 4.1, followed by Benin and Cape Verde, both with 3.9.
The World Bank report shows that 11 countries saw an overall increase in their CPIA scores in 2023, compared to 12 countries in 2022. These increases are the result of major policy and institutional reforms. Among the countries that saw an increase in scores, 10 countries saw an increase of 0.1 points, including Benin, Burundi, and Côte d’Ivoire. Mauritania stood out with an increase of 0.2 points. However, the scores of five countries, including Burkina Faso and Ethiopia, declined.
Despite the differences in individual scores, the overall average CPIA score for Sub-Saharan Africa remained stable at 3.1, a level it has maintained for two consecutive years. This stability reflects continued social and fiscal policy reforms, as well as institutional improvements aimed at strengthening economic stability in the region.
Sub-Saharan Africa continues to face challenges of governance, political instability, and poverty. Armed conflict, terrorism, food insecurity, and population displacement are major obstacles to economic stability. However, leading countries show that well-targeted reforms can have a significant impact.
“The CPIA provides an opportunity to identify areas of relative weakness and engage in dialogue around policy reforms that can produce better development outcomes,” said Andrew Daballen, World Bank Chief Economist for Africa. This assessment is critical in guiding reform efforts and improving public policies.
The 2023 ranking highlights the remarkable progress made by some sub-Saharan African countries in improving policies and institutions. It also underscores the importance of continued reforms to maintain and improve economic stability and sustainable development in the region.
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