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« Lawyer Jeffrey Tesler 'bribed officials in $6bn Nigerian gas deal' | Main | African undersea cable construction gets underway »

September 12, 2008

Graft, bureaucracy hamper Congo investment: World Bank

By Joe Bavier

KINSHASA (Reuters) - Corruption and resistance to basic reforms have made Democratic Republic of Congo the world's worst country in which to do business, an official from the World Bank's investment arm said on Thursday.

Congo was rated last this week in the World Bank's Doing Business report released for 2009, which measures the expected ease or difficulty of investing in 181 countries based on evaluations of business regulations and their enforcement.

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Posted by boyang at September 12, 2008 12:01 PM