Tuesday, 10 March 2015

Guinea-Bissau- a new hub for international business entrepreneurs

Guinea-Bissau, located on the east coast of African Continent is a well known country with the most promising financial opportunities. The economy of the country has left behind the history of unstable political environment and financial depression for many decades. It has become the hot favorite investment destination among all the African countries. Since all the major political parties have joined hands to bring the development and prosperity by political stability, IMF has also taken the initiative by providing the funds for reforms at the structural level.


Guinea-Bissau Investment Agency is the government authority which aims to guide and assist the foreign and domestic investors to find out the business opportunities in the country and start up their business. The agency works under the leadership of Mr. Carlo Scavola, the internationally acclaimed economist, who is appointed to encourage the investment and provide further services related to financial investment and advice to Guinea-Bissau government.  The agency acts as advisor and strategy planner to the government and business facilitator to the foreign investors. 

As a recent development, the country has joined the CFA Franc Monetary System as a member that gives a straight message to the investors that the currency of the country is guaranteed by the government of France. The government of Guinea-Bissau has clearly shown its intention and commitment towards the financial evolution of the country and better future of its people. Overall the economic scenario of the country is very optimist for the investors to start up their business in Guinea-Bissau.

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