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20 Dec 2022 • Technology • ICT

The Most Innovative Countries in the World in 2022 by visualcapitalist.com, Mauritius retains its first position in Sub-Saharan Africa

Visual Capitalist is one of the fastest growing online publishers globally, focused on topics including markets, technology, energy and the global economy.

According to the 2022 Global Innovation Index (GII), Mauritius retains its first position in Sub-Saharan Africa and secures the 45th position globally by gaining a noteworthy 7 places.

Click here to view the ‘Global Innovation Index 2022’.

Mauritius is the highest ranked country in Africa owing to the strength of its institutions and market sophistication. Meanwhile, the government is accelerating investment in tech incubators, research-business collaboration, and tax incentives for R&D investment.

Apart from group leaders China, Bulgaria and Malaysia, Turkey (37th) and India (40th) are the two other middle-income economies to make it into the top 40. Thailand (43rd), Mauritius (45th), the Russian Federation (47th), Viet Nam (48th) and Romania (49th) make into the top 50, but with only Mauritius moving up the ranking this year.

The GII evaluates the innovation performance of 132 economies highlighting their innovation strengths and areas for improvement and the ranking is based on performance across seven pillars namely Institution, Human capital and research, Infrastructure, Market sophistication, Business sophistication, Knowledge and technology outputs and Creative outputs. The index tracks the most recent global innovation trends against the background of an ongoing COVID-19 pandemic, slowing productivity growth and other evolving challenges.

Click here to learn how Mauritius maintains its position as a leading magnet for Innovation in Africa & is ranked as the 45th most innovative economies globally.

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