The Investor Confidence Indicator for Africa (ICIFA) is a holistic and updatable tool for measuring and assessing the performance of African nations in setting the conditions for civic wellbeing and investor confidence.
The ICIFA assigns an overall score to each nation based on their performance in 12 bellwether international evaluations on essentialities for promoting security, development, and good governance rooted in the rule of law – the cornerstones of a strong society and vibrant business environment. Based on that aggregate score, the indicator assigns color codes reflecting each country’s position relative to one another – dark green reflects those countries that place in the top quartile of overall performers in Africa; light green those in the second quartile; yellow those in the third quartile; and red those in the fourth quartile.
The U.S.-Africa Business Center wishes to extend special thanks to Jones Group International for its leadership in formulating the Investor Confidence Indicator and to Hill + Knowlton Strategies for its world-class expertise in bringing the tool to fruition.
