The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Lesotho  
Rank: 120 · Score: 17.0  

Basic facts, 2020        
Population (millions) 2.1   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 2.1   M&A volume (quartile) Bottom
GDP per capita (US$) 992.3   Venture capital investments (quartile) Bottom
GDP growth (per cent) -4.8   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 120 4, 3, 4, 4, 5 17.0
1 Economic Activity 124 0, 0, 1, 1, 1 16.0
2 Depth of Capital Market 113 6, 6, 9, 12, 12 6.3
3 Taxation 95 40, 39, 34, 30, 30 81.9
4 Investor Protection and Corporate Governance 89 41, 40, 42, 37, 36 57.0
5 Human and Social Environment 85 57, 51, 52, 52, 40 27.2
6 Entrepreneurial Opportunities 120 5, 2, 5, 3, 5 15.5


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Lesotho  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Madagascar 60.2 5.7 87.6 43.6 21.0 23.4
Benin 62.3 4.4 62.5 49.0 31.2 20.5
Cameroon 68.5 4.1 68.2 44.7 22.0 25.0
Lesotho 16.0 6.3 81.9 57.0 27.2 15.5
Mauritania 50.1 4.7 86.4 41.0 18.4 13.9
Angola 69.7 4.2 74.1 34.4 11.8 14.7
Chad 57.1 4.0 53.2 37.4 17.0 7.2
Last updated: 21 Jun 2021