10 Worst Places In The World To Start A Startup
By
siliconindia | Thursday, 14 June 2012, 09:54 Hrs
3. Algeria
FDI 2010 - $2.3 billion
GDP 2010 - $159.4 billion
Algeria is one of the five oil rich countries in the world to make its way to the world’s worst countries to startup a business. It is reported that it takes 48 days to register a property, five months to obtain electricity and severe political unrest. The IMF has forecasted its growth up to 3 percent by the end of 2012.

