Doing Business in Guinea-Bissau

Syllabus of the Subject: Doing Business in Guinea-Bissau (West Africa).

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. Introduction to Portuguese
7. Access to the Bissau-Guinean Market
8. Business Plan for Guinea-Bissau

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

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

Sample of the subject - Doing Business in Guinea-Bissau:

Description of the Subject (Online Learning): Foreign Trade and Business in Guinea-Bissau

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

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

More information: Guinea-Bissau (African Portal - EENI Business School & HA University).

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 construction of private housing, and major infrastructure projects.

1. The impact of the global economic crisis in the Republic of Guinea-Bissau felt principally through 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 the Republic of Guinea-Bissau (38.4% is pasture, Forests 38.1%)
4. The Republic of Guinea-Bissau makes most of its turnover with exports of cashew nuts
5. Guinea-Bissau harvests of various fruits (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 the Port of Dakar (Senegal) and the Dakar-Lagos Corridor

Guinea-Bissau's 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. African Growth and Opportunity Act (AGOA)
5. The European Union:
   1. Africa-European Union Strategic Partnership (Cotonou)
   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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