As of 2020, Botswana had the highest new business density in Africa. The country recorded nearly ** new companies per 1,000 people. Cabo Verde had the second-highest new business density on the continent, with ** new registrations per 1,000 population. South Africa followed, with the proportion standing at **** new businesses per thousand people.
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World Bank. (January 17, 2022). Number of new business enterprises per 1,000 population in Africa as of 2020, by country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 02, 2026, from /statistics/1284699/new-business-density-in-africa-by-country/
World Bank. "Number of new business enterprises per 1,000 population in Africa as of 2020, by country ." Chart. January 17, 2022. ÌÇÐÄÆƽâ°æ. Accessed August 02, 2026. /statistics/1284699/new-business-density-in-africa-by-country/
World Bank. (2022). Number of new business enterprises per 1,000 population in Africa as of 2020, by country . ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 02, 2026. /statistics/1284699/new-business-density-in-africa-by-country/
World Bank. "Number of New Business Enterprises per 1,000 Population in Africa as of 2020, by Country ." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Jan 2022, /statistics/1284699/new-business-density-in-africa-by-country/
World Bank, Number of new business enterprises per 1,000 population in Africa as of 2020, by country ÌÇÐÄÆƽâ°æ, /statistics/1284699/new-business-density-in-africa-by-country/ (last visited August 02, 2026)
Number of new business enterprises per 1,000 population in Africa as of 2020, by country [Graph], World Bank, January 17, 2022. [Online]. Available: /statistics/1284699/new-business-density-in-africa-by-country/
