Browsing: timber

The Central African Republic was the 186th largest exporter in the world in 2020 with a total export value of US$127 million. The country’s exports decreased by US$26.1 million over the past five reported years, from US$153 million in 2015 to US$127 million in 2020.

Rough wood which contributed US$51.9 million in export earnings, gold (US$34.7 million), diamonds (US$14.7 million), sawn wood (US$9.55 million) and refined copper (US$6.66 million) are the most recent export leaders. China (US$50.8 million), the United Arab Emirates (US$37.3 million), Italy (US$12.2 million), Belgium (US$6.84 million), and France (US$4.5 million) are the Central African Republic’s top export markets.…

When oil prices crashed in 2014, one of Africa’s fastest-growing economies suddenly ground almost to a halt.…

For those investing and particularly interested in Africa, Guinea-Bissau is a country which, so far, has been “under the radar” for most of the investors.

Located in West Africa, bordering with Senegal and Guinea Conakry, Guinea-Bissau is a relatively small country, with 36.125 sq. Km. Around 25% of the total population (estimated in 2.072.000, by figures of April 2020) is based in the capital (Bissau).

The official language is Portuguese, with some other native languages been used (like Balanka, Fula and Mandinka). French is also spoken, due to the influence of the two neighboring countries. Most of the population is Muslim (45%), with 22,1% of Christians and the outstanding percentage spread by indigenous traditional popular religions. Guinea-Bissau is also characterized by a very high level of young population (the medium average age is only 18 years).

Politics in Guinea-Bissau

The political regime is a constitutional democracy, with …