– Socioeconomic freedom (a summary of things below actually).
– Working judicial system, even if corruption exists, you will actually be prosecuted and sentenced.
– Ownership being fundamental in the legislation.

Most important is the ability to own things, own land, a company so forth.

In some of the corrupt African countries the corrupt system is so well established that it is the only economy that works. The only way to improve your life is to be part of the corrupt economy. That is why it is so hard to replace once it is so widespread.

People on the left often thinks that wealth in itself creates corruption, but the matter of fact the biggest driver for corruption is when people have no other means to improve their lives.

I know a couple of Nigerian people, and for the most part they are hard working, thrifty and inventive people always on the lookout for ways of saving money and doing things better. Furthermore, because credit has never been a big part of the continents economy and welfare states never been built out, people don’t expect anything for free and realize they have to work hard.

The biggest issue in Africa is endemic corruption, bad protection of property rights and bad government in general (funnily enough, most Africans I have met don’t want to resolve bad government by putting “their team” in power, they want less government, go figure..).