Yes it is. Nevertheless, Kenia is the best women's team in Africa.
About the ridiculous qualification format:
It is unfair that the results of the European Championships are counting for the ranking, and most other continental tournaments aren't. For teams like Germany, Belgium and Netherlands every match counts towards the top 10 in the rankings. While in other tournaments like the Pan American Cup, Asian Championships and so on the better teams can play with their B-team. Like Canada, Dominican Republic, USA, Brazil ... I expect those teams fresh at the start of the OG-qualifier. Some European countries will arrive tired and injured. For example: Germany's star Hannah Ohrtmann, Belgium's star Britt Herbots and Dutch revelation Nova Marring are already injured now. Hopefully this three top players can compete in the OG-qualifier.
Not to mention the VNL of next year, which results are counting for Olympic qualification too. A lot of the topteams will play with their B-choice, like Serbia, Italy, China normally do. Not all the teams will play against each other. So you're lucky when you play against teams that play with their B-choice.
It really makes me angry already.