Top 10 most innovative economies in Africa

• Business Insider Africa presents the top 10 most innovative African economies in 2023
• In recent years, the continent has seen a surge in entrepreneurial spirit, investment, and a growing emphasis on education and research.
• The list is courtesy of the World Intellectual Property Organisation.

Interestingly, the truth is that innovation knows no borders. The global enthusiasm for innovation has set the stage for a compelling competition for excellence. Countries are vying to outdo one another, not just in terms of technological breakthroughs, but also in fostering inclusive growth, sustainable development, and social well-being.

African countries for instance have recognized the vital role innovation plays in unlocking their potential and are making significant strides in this regard. In recent years, the continent has seen a surge in entrepreneurial spirit, investment, and a growing emphasis on education and research.

DON'T MISS THIS: Top 10 African countries where workers earn the best salaries

The World’s Intellectual Property Organisation (WIPO) recently released a report, "Global Innovation Index 2023: Innovation in the face of uncertainty" presenting a comprehensive assessment of innovation ecosystems across 132 countries, shedding light on their strengths and weaknesses through the analysis of 80 indicators, including research and development expenditure.

This year's report is unveiled against the backdrop of a world grappling with slow economic recovery from the COVID-19 pandemic, soaring interest rates, and geopolitical conflicts.

Here are the top 10 most innovative African economies: