The Chamber of Commerce of Metropolitan Montreal and its team of Acclr international trade experts are pleased to invite you, on December 7, to a seminar on business opportunities in West and Central Africa. This seminar will more specifically address the markets of the Ivory Coast, Cameroon, Ghana, Nigeria, and Senegal.
West and Central Africa in brief
West and Central Africa include (among others) the markets of the Ivory Coast, Cameroon, Ghana, Nigeria, and Senegal. The average GDP of these five countries increased by 4.14% in 2016. With over 278 million inhabitants in all of these countries combined, the region provides a favourable conduit for economic and political collaboration.
A unique opportunity to…
- Assess the potential of developing your business in the countries of West and Central Africa
- Network with other Québec businesses coveting the African markets
- Benefit from the advice of experts and companies that are active in West and Central Africa.
Why these markets?
- The Ivory Coast is the second fastest growing economy in Africa, with its GDP increasing by 8.8% in 2017.
- A bilateral agreement for the protection and promotion of foreign investments has been in effect since 2015.
- A 32% increase in trade with Canada was observed between 2015 and 2016.
- Cameroon is the leading destination for Canadian exports in Central Africa.
- In 2016, the country saw its GDP grow by 4.5% according to the World Bank.
- Its economy is diversified and it enjoys a stable political environment.
- EDC has named Ghana as one of four choice markets in Sub-Saharan Africa.
- The country is very open, with external trade equivalent to 98% of its GDP.
- There were 252 million Canadian exports to Ghana in 2016.
- This country is Canada’s leading partner in Sub-Saharan Africa.
- It is both the largest consumer market and the largest economy in Africa.
- There were 313 million Canadian exports to Nigeria in 2016
- In 2017, the country’s GDP growth was 6.6% according to the IMF.
- A bilateral agreement for the protection and promotion of foreign investments has been in effect since 2016.
- In 2014, the implementation of the Emerging Senegal Plan encouraged public investments in several sectors, such as agriculture, education, infrastructures, and transportation.
Who should attend this seminar on business opportunities?
All companies seeking to develop their business in West and Central Africa and seeking to learn more about these markets.
The seminar will be of particular interest to companies operating in the following sectors:
- Agriculture and agri-food
- Renewable energy
- Construction and infrastructure
- Mining and metals
- Consulting services