Business in Guinea-Bissau

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

1. To analyze the Bissau-Guinean Economy and Global Trade
2. To know the business opportunities in Guinea-Bissau
3. To explore the Bissau-Guinean trade relations with the country of the student
4. To know the Bissau-Guinean Trade Agreements
5. To develop a business plan for the Bissau-Guinean Market

The Subject “Foreign Trade and Business in Guinea-Bissau” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Business in West Africa.

Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade.

Languages: or Guinée Bissau Guinée-Bissau Guinea-Bissau.

Credits of the subject “Doing Business in Guinea-Bissau”: 1

Area of Knowledge: Africa.

Bissau-Guinean Preferential Access and Trade Agreements:

1. Guinea-Bissau and the West African Economic Area
2. Economic Community of West African States (ECOWAS)
3. West African Economic and Monetary Union (WAEMU)
4. Community of Sahel-Saharan States (CEN-SAD)
5. African Continental Free-Trade Area
6. Guinea-Bissau - United States
   1. AGOA (U.S.)
   2. WAEMU-U.S. Agreement
7. Guinea-Bissau - EU:
   1. Africa-EU Partnership
   2. GSP
8. OHADA
9. Arab Bank for Africa (BADEA)

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. Rotterdam Rules
3. Is not a member of the WCO
   1. Kyoto Convention

1. Economic Commission for Africa
2. African Union
   1. Africa Agriculture Development Programme
   2. AU Convention on Combating Corruption
   3. AUDA-NEPAD
3. African Development Bank
4. Africa-Asia Partnership
5. Africa-Korea Partnership

1. Afro-Arab Cooperation
2. BADEA
3. OIC
4. Islamic Development Bank

1. Community of Portuguese Speaking Countries
2. UN
3. WB
4. WTO
5. IMF

The Republic of Guinea-Bissau

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 km²
7. Independence of Guinea-Bissau from Portugal: 1973

More information about Guinea-Bissau (EENI African Business 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.

Economy of Guinea-Bissau:

Economic growth in 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 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 flavor
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%

Global Trade and Business in Guinea-Bissau:

(c) EENI Global Business School (1995-2023)
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