Seychelles maintains status as least corrupt country in Africa |15 December 2022
• Ranked 40th globally
Published recently by the Swiss company Global Risk Profile, Seychelles retains the number one position among the least corrupt countries on the African continent.
Cape Verde is in the second position followed by Mauritius who is in the third position.
Globally, Seychelles is ranked 40th, Cape Verde 44th and Mauritius in the 47th position, followed by Botswana (4th in Africa and 50th globally) and South Africa which is 51st globally.
The first three places are held by Scandinavian countries Norway, Finland and Sweden respectively.
The countries holding the bottom three places are Democratic Republic of Congo, North Korea and Syria.
The Global Corruption Index (GCI) covers 196 countries and territories and measures the state of corruption and white-collar crimes around the world.
Based on as many as 42 internationally recognised variables, it encompasses two sub-indexes for both a global risk overview and a more nuanced risk assessment.
Global Corruption Index can be used to conduct initial risk mappings as part of your compliance effort to efficiently assess third-party risk exposure. It was designed to be in line with anti-corruption and anti-bribery legislations such as the FCPA, the UK Bribery Act, the French law Sapin II.
The firm also uses data provided by the United Nations, the World Bank, the World Justice Project Organisation, the Economist Intelligence Unit, the World Economic Forum and the Financial Action Task Force, among others.
To note Transparency International in its 2021 corruption perception index, ranked Seychelles in the 27th position.
Compiled by Vidya Gappy