Course summary (Business in Burundi)
The Republic of Burundi is located in Central Africa and is one of the 10 poorest countries in the world.
Main natural resources of Burundi are cobalt and
copper.
Top exports of Burundi are coffee and sugar. Small industry
subsist excluding the processing of
agricultural exports. Petroleum, nickel, copper, and other natural resources is
being explored,
Burundi is member of the East African Community, COMESA, World Trade Organization (WTO),
Africa, Caribbean and Pacific (ACP), African Development Bank,
New Partnership for Africa's Development (NEPAD), African Union, CEEAC, UNECA, FAO, G-77, IBRD, International Monetary Fund (IMF), United Nations,
Conference on Trade and Development (UNCTAD), Africa Growth and Opportunity Act (AGOA), UNESCO, UNIDO, UPU, WHO, WIPO, Cotonou Agreement (European Union)
and
EU's Generalised System of Preferences (GSP), Forum Africa China,
Economic Commission for Africa (UNECA) ...
Neighbors of the Republic of Burundi: Rwanda, Tanzania and
Democratic Republic of Congo.
The agricultural sector of the Republic of Burundi continues to remain the
pillar of the Burundian economy. Main cash crops of Burundi (tea and coffee) are the main drivers of
economic growth and make up a important proportion of exports
of Burundi.
Coffee production achieved in 2008 - 09 to reach 31,000 tones (8,000
tones in 2007-08). The increase in production was due to the favorable response
from farmers after the "Office du café du Burundi (OCIBU)" augmented the
price it pays farmers by 44%.
Example of the course doing business in Burundi:
