Business in Guinea-Bissau

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Syllabus of the Subject: Foreign Trade and Business in Guinea-Bissau (Course, Master).

1. Introduction to the Republic of Guinea-Bissau (West Africa)
2. Bissau-Guinean Economy
3. International Trade of Guinea-Bissau
4. Business and Investment Opportunities in Guinea-Bissau
   1. Agro-processing industries
   2. Fisheries
   3. Mining
   4. Tourism
   5. Energy
5. Guinea-Bissau Expansion Corporation
6. Access to the Bissau-Guinean Market
7. Business Plan for Guinea-Bissau

The purposes of the Subject “Foreign Trade and Business in the Republic of Guinea-Bissau” are the following:

1. To analyse the Bissau-Guinean economy and foreign trade
2. To know the business opportunities in the Republic of Guinea-Bissau
3. To explore the Bissau-Guinean trade relations with the country of the student
4. To know the Bissau-Guinean Free Trade Agreements
5. To develop a business plan for the Bissau-Guinean Market

Example of the Online Subject - Doing Business in Guinea-Bissau:

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Description of the Subject: Foreign Trade and Business in Guinea-Bissau

The Republic of Guinea-Bissau is one of the ten poorest countries in the World.

1. Bissau-Guinean Population: 1.5 million people
   1. Mandinka
2. The official language of Guinea-Bissau is Portuguese (only 14% speak Portuguese) and Creole
3. Capital of Guinea-Bissau: Bissau (400,000)
4. Bissau-Guinean largest cities: Bissau, Bafatá, Gabú, Bissorã, Bolama
5. Borders of Guinea-Bissau: Senegal and Guinea
6. Total area of Guinea-Bissau: 36,120 square kilometers
7. Independence of Guinea-Bissau from Portugal: 1973

More information about Guinea-Bissau (EENI Global Business School African Portal).

Main religions in Guinea-Bissau:

1. African Traditional Religions
2. Christianity
3. Islam (50% of the Bissau-Guinean population, 0.7 million).

Guinea-Bissau belongs to the West African Economic Area (African Civilisation).

Economy of Guinea-Bissau:

Economic growth in the Republic of Guinea-Bissau (Africa) picked up slightly to 3.6% thanks to higher international prices of cashew nut, sustained private housing construction, and major infrastructure projects.

1. The impact of the global economic crisis in the Republic of Guinea-Bissau felt principally through the lower Government export revenues and remittances, has been alleviated by a strong increase in the global demand for cashew nuts
2. Guinea-Bissau is one of the ten world's poorest countries
3. Bissau-Guinean agriculture: 12% of the total area of the Republic of Guinea-Bissau (38.4% is pasture, Forests 38.1%)
4. The Republic of Guinea-Bissau makes most of its turnover with cashew nuts exports
5. Main harvests in Guinea-Bissau: bananas, little mango flavour
6. Guinea-Bissau has many natural resources, whose reserves are scarcely exploited (phosphates, bauxite, and petroleum)
7. High traffic of arms and drugs
8. Military coup in 2012
9. Bissau-Guinean GDP growth: 2.8%
10. Access to
    1. Port of Dakar (Senegal)
    2. Dakar-Lagos Corridor

Guinea-Bissau Preferential Trade Agreements:

1. Economic Community of West African States (ECOWAS)
2. West African Economic and Monetary Union (WAEMU)
3. Community of Sahel-Saharan States (CEN-SAD)
4. Guinea-Bissau - United States
   1. African Growth and Opportunity Act (AGOA)
   2. West African Economic and Monetary Union (WAEMU)-U.S. Trade and Investment Framework Agreement
5. Guinea-Bissau - European Union:
   1. Africa-European Union Strategic Partnership (Cotonou Agreement)
   2. Generalised System of Preferences (GSP)

Guinea-Bissau is a member of:

1. Organisation for the Harmonisation of Business Law in Africa (OHADA)
2. Economic Commission for Africa (ECA)
3. Forum on Sino-African Cooperation
4. Afro-Arab Cooperation
5. Arab Bank for Economic Development in Africa (BADEA)
6. African Development Bank
7. Organisation of Islamic Cooperation (OIC)
8. Islamic Development Bank
9. New Partnership for Africa's Development (NEPAD)
10. African Union (AU)
11. Convention on Preventing and Combating Corruption
12. Africa (Guinea-Bissau)-Asia Strategic Partnership
13. Community of Portuguese Speaking Countries

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