Doing Business in West Africa

Strategic insights for corporations, investors, and government partners

Executive Overview

West Africa is a strategic gateway to the African continent, representing over 400 million consumers and some of Africa’s fastest-growing economies. Anchored by ECOWAS integration and the African Continental Free Trade Area (AfCFTA), the region offers compelling opportunities for multinational corporations, institutional investors, and development partners.

Priority Investment Markets

Nigeria
Energy, Fintech, Manufacturing
Ghana
Mining, Financial Services, Agribusiness
Senegal
Infrastructure, Energy, Logistics
Côte d’Ivoire
Agro-industry, Transport, Real Estate

High-Growth Sectors

Trade, Regulation, and AfCFTA

West Africa benefits from harmonized trade frameworks under ECOWAS and expanded market access through AfCFTA. Governments are implementing reforms to improve ease of doing business, protect foreign investment, and streamline customs and tax administration.

Frequently Asked Questions

Is West Africa suitable for foreign investors?

Yes. Several West African countries offer investment incentives, investment protection agreements, and improving regulatory environments.

What are the main business risks?

Risks include regulatory complexity, infrastructure gaps, and currency exposure. These can be mitigated through local partnerships and professional advisory support.

Which sectors offer the highest returns?

Energy, infrastructure, agribusiness, fintech, and manufacturing consistently attract strong investor interest.

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