- Staff Writer
- Business
Business Opportunities in Chad
Chad, the Central and North African economy with potential, that many African business people are not paying attention to its opportunities, whilst international investors have much interest in.
Chad, the Central and North African economy with potential, that many African business people are not paying attention to its opportunities, whilst international investors have much interest in.
There are many opportunities for business through the African Continental Free Trade Area (AfCFTA) that small businesses in African countries can take advantage of. The AfCFTA can help to boost industries, create jobs and increase investment, starting with small businesses, as it has for large businesses.
Rwanda's economy has grown at a steady rate of around 10% annually for the last two decades. According to the World Bank, the country's gross domestic product has moved from US$8 billion in 2017 to $10 billion in 2019. This impeccable growth has made Rwanda one of the most attractive places to start a business.
Ethiopia has vast business opportunities as a growing economy in the north east of Africa, with a five-year GDP growth from US$74 Billion in 2016 to US$95 Billion in 2019. According to UNCTAD's World Investment Report 2020, FDI inflows to Ethiopia decreased to USD 2,5 billion in 2019, compared to USD 3,3 billion in 2018 (-24%).
Cabanga Media Group publishes of thoughtful economic and business commentary magazines and online media, in several African markets, that include South Africa, Botswana, East Africa Community, Ethiopia, Egypt, Nigeria, and Zambia.