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In light of current
developments on the Continent, you might ask yourself : "Why would I want to do business in Africa ?!"
Answers will vary, depending on the kind of business you
operate, the specific requirements of your trade, the
development schedule of your company and of course, the type
of products and services you offer. |
The right people at the right
time, in the best setting
Africa Business Services operates under one simple idea : to
help businesses such as yours efficiently reach their
objectives in West Africa.
We appreciate the fact that your time is precious. We
therefore concentrate on making your business trips
effective and comfortable. Please visit the links above and
discover the scope of our services. |
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The
right partners
In this connected world, we build strength from networking
with quality specialized partners. That is why Africa
Business Services is a member of APEX-CI, a private sector
program dedicated to promoting trade between West Africa and the rest of the
world, as well as of the French Chamber of Commerce and
Industry in Côte d'Ivoire.
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Know
your markets
Set against a backdrop of gradual progress toward freer
trade, African countries are engaged in an integral regional
policy to quicken economic growth.
In West Africa, the West
African Economic & Monetary Union - WAEMU - embraces 8
countries. Main features include :
- harmonization of banking
and monetary legislation
- uniform interest rates
- common monetary and credit
policies
- fixed parity between CFA
Francs and French Franc - now linked to the Euro
- free transfer of funds
within the Franc zone
- tariff rates within the
Union have been reduced to zero as of January 2000
The Economic Community of
West Africa - ECOWAS - embraces 16 countries and forms a
market of 211 million inhabitants. It has been implementing
sectorial programs.
According to the African Development Bank - ADB - trade in
volume within West Africa should benefit from recent
progress in cooperation and the lowering of public debt
following macro economic reforms in most countries.
This should free financial resources to invest into public
works and stimulate the private sector.
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Benin
Burkina Faso
Côte d'Ivoire
Gabon
Guinea Conakry
Mali
Niger
Senegal
Togo
and also Gabon.
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