Doing Business in Guinea-Bissau

Subject (Course): International Trade and Business in Guinea-Bissau (West Africa)

Syllabus:

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
   - Agro-processing industries
   - Fisheries
   - Mining
   - Tourism
   - Energy
5. Guinea-Bissau Expansion Corporation
6. Introduction to Portuguese
7. Access to the Bissau-Guinean Market
8. Business Plan for Guinea-Bissau

Objectives of the subject "Doing Business in the Republic of Guinea-Bissau":

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

Sample of the subject Doing Business in Guinea-Bissau:

Subject Description: Foreign Trade and Business in Guinea-Bissau

The Republic of Guinea-Bissau:

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

1. Bissau-Guinean Population: 1.5 millions of people.
2. The official language is Portuguese (only 14% speak Portuguese) and Creole
3. Capital: Bissau (400.000)
4. Borders of Guinea-Bissau: Senegal and Guinea.

The main religions of Guinea-Bissau: Christianity and Islam (50% of the population, 0.7 million).

Guinea-Bissau belongs to the West African Economic Area of the African Civilization.

The economy of Guinea-Bissau:

Economic growth in the Republic of Guinea-Bissau (Africa) picked up slightly to 3.6% thanks to higher cashew nut international prices, 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. 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 harvest of various fruits (bananas, little mango flavor)
6. Guinea-Bissau has many natural resources, whose reserves are scarcely exploited (phosphates, bauxite, and oil)
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: Cotonou Agreement - Generalized System of Preferences (GSP)

Guinea-Bissau is a member of:

1. Organization for the Harmonization 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. Organization 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

English - Portuguese