Republic of Cote d’Ivoire
Cote d’Ivoire’s three growth sectors are mining and petroleum, industrial and agricultural. The mining sector is experiencing a revival of activity. At over 1% of Ivorian GDP, mining is a sector in the making. The Ivorian government is targeting the annual production of 21 tons of gold, one million carats of diamonds and 24 million tons of iron.
In the industrial sector, the country has a skilled workforce and the infrastructure necessary for industrial and commercial activity, including transport, energy and the banking system.
Côte d'Ivoire has achieved remarkable results in agricultural development. Cocoa and coffee crops alone occupy more than 75% of the land devoted to cash crops with a predominance of cocoa (56%). To this end, Côte d'Ivoire ranks respectively 1st in the world and 3rd in Africa. Cotton, oil palm, cashew and rubber occupy 23% of the land area.
Democratic Republic of Congo
The DRC holds a range of opportunities across various sectors for businesses of all sizes. The DRC’s enormous mining wealth attracts top mining companies from around the world. The boom in demand for electric vehicle and electronics batteries has multiplied the demand for cobalt, coltan, and lithium. Energy is another sector with tremendous potential for renewable power sources such as hydroelectricity and renewable solar. Telecommunications is a largely privatized and still growing industry. Agricultural opportunities are reflected in the DRC's large tracts of land. In terms of roads and buildings, there are numerous contracting opportunities.
Lesotho’s key growth sectors include the agro-industry, manufacturing, renewable energy, infrastructure and construction, mining, services and tourism. Explore
Lesotho-Canada relations commenced on the country's independence in 1966. The two countries share a long history of positive bilateral relations based on strong bonds created through development cooperation and shared interests. A number of prominent Basotho have studied in Canada, including former prime minister Pakalitha Mosisili. Learn more
In 2019, The Canada-Africa Chamber of Business welcomed then Prime Minister Thomas Thabane to Canada, with a delegation of five Cabinet Ministers and over 30 business leaders
Republic of Gabon
Gabon is a historically stable country located in a volatile region of the world and has significant economic advantages: a small population (roughly 2 million), an abundance of natural resources, and a strategic location along the Gulf of Guinea. After taking office in 2009, President Ali Bongo Ondimba introduced reforms to diversify Gabon’s economy away from oil and from traditional investment partners and to position Gabon as an emerging economy. Gabon promotes foreign investment across a range of sectors, particularly in the oil and gas, infrastructure, timber, ecotourism, and mining sectors. Despite these efforts, Gabon’s economy remains dependent on revenue generated by the exportation of hydrocarbons.
Opportunities include agriculture, ICT, energy, mining and mineral Processing, oil and gas, tourism, financial services, property development, manufacturing, transport, health, and education. Explore
Bilateral relations between Canada and Ghana are strong and based on more than 60 years of global cooperation, grounded in Ghana's strong democratic credentials. Export Development Canada has designated Ghana as one of its key markets in Africa. Learn more
The African Continental Free Trade Area (AfCFTA) Secretariat is based in Accra - with whom the Chamber enjoys a close working relationship through our Accra office in Accra.
Kenya has a wide range of sectors with ready-to-be accessed investment opportunities, including but not limited to, Agriculture and Agribusiness, manufacturing, tourism, infrastructure development, energy, information Communications Technology and Financial Services. Explore
Canada established diplomatic relations with Kenya at the time of its independence in 1963. Canada’s High Commission in Nairobi is its largest mission in Africa. The two countries have an excellent relationship founded on a range of shared interests.
The Canada-Africa Chamber of Business joined Canadian Trade Minister Mary Ng in Nairobi in early 2020, followed by a Chamber MoU with the Kenya Private Sector Alliance (KEPSA) signed this year.
Kingdom of Morocco
The Canada-Africa Chamber of Business was honoured to welcome the Kingdom of Morocco as a country member last year. Morocco is becoming one of the best emerging markets for investment, comprising a business-friendly environment, resilient economy and government incentives. Over the last decade, Morocco has witnessed an accelerated process of economic and social reforms combined with a steady economic growth. Its strategic geographic position makes it an investment opportunity well worth considering.
In recent months we were delighted to engage the Morocco-Canada Business Council. The first working session at the Embassy of the Kingdom of Morocco in Ottawa was quickly followed by a formal signing ceremony on Wednesday 23 November 2022, underscoring planned collaboration between the Morocco-Canada Business Council and our Chamber.
Namibia is the longest running country member of the The Canada-Africa Chamber of Business and part of the Common Monetary Area (CMA) with South Africa, Lesotho and Swaziland.. The financial sector is sophisticated and consists of a number of commercial banks with international ties to facilitate international banking, as well as commercial and governmental sources of finance geared to enterprise finance. Investment opportunities may take the form of public private partnerships (PPPs) either on a per-project basis or with equity holdings.
Current focal areas are development of infrastructure for water, power generation and transmission, as well as transport and logistics, notably road, rail and port infrastructure, with emphasis on corridors to SADC states.
Nigeria offers agricultural and industrial opportunities, alongside manufacturing, natural resources, energy, and services sector opportunities – among others. A range of incentives are on offer in Africa's largest country by size, which is set to take 3rd place globally by 2050. Explore
Canada and Nigeria established diplomatic relations in 1962, shortly after Nigeria’s independence in 1960. Nigeria is Canada’s second largest bilateral merchandise trading partner in Sub-Saharan Africa, arguably the largest economy and positioned for the prospect of playing a major role on the global stage. Learn more
The Canada-Africa Chamber of Business was privileged to co-host the 60th Anniversary Celebrations of Nigeria's Independence in Ottawa last year.
Rwanda has many sectors in which to invest, including but not limited to: education, health services, financial services, agriculture, tourism, real estate and construction, ICT, mining, infrastructure, manufacturing and energy. Explore
Canada established diplomatic relations with Rwanda in 1963 ,shortly after its independence. Canadian companies’ activities in Rwanda are concentrated in the education, mining, transportation, services and energy sectors. Learn more
The Rwanda Investment Session held in 2020 profiled a number of ongoing business opportunities.
Republic of Senegal
Senegal provides opportunities in a host of sectors and through The Canada-Africa Chamber of Business there is a particular (but not exclusive) focus on agriculture, rail infrastructure and housing. Senegal’s economic growth has been among the highest in Africa between 2014 and 2018, remaining above 6% annually. GDP growth was 5.3% in 2019. A new economic policy approach for post-COVID recovery is underway. Explore
Canada and Senegal established diplomatic relations in 1962. Relations between the two countries are close and touch on a wide range of activities. Already considering Senegal an important and reliable partner, Canada takes measures to further develop its relations with this country, which acts as a reference regarding democratic governance and sustainable economic development measures in Sub-Saharan Africa. Learn more
Tanzania provides opportunities in manufacturing, agriculture, mining and metals, tourism, services, economic zones, fisheries, livestock, economic infrastructure, energy, real estate, oil and gas, finance. telecommunications and broadcasting. Explore
Canada-Tanzania diplomatic relations began in 1961 on Tanzania's independence. The country is as a growing market for Canadian businesses, and Canadian mining companies are among the largest foreign investors in Tanzania. To date business opportunities for Canadian companies active in Tanzania have focused on power, renewable energy, and the emerging oil and gas sector, profiled at the Tanzania Busines and Investment Session last year. Learn more
Republic of Zimbabwe
'Zimbabwe's embassies have been mandated to give priority to economic diplomacy and investment promotion. Investors are welcome to reach out to me directly or via The Canada-Africa Chamber of Business.,’ as Her Excellency, Ambassador Ruth Masodzi Chikwira conveyed recently during a trade and investment session we hosted, titled ‘Zimbabwe is Open for Business’’.
During the event Fred McMahon, Chair of Economic Freedom at the Fraser Institute stated: ‘The challenges Zimbabwe has faced are not unique to Zimbabwe. With proven reforms we've researched, there is no reason Zimbabwe could not become one of the most economically free and prosperous nations on earth. I look forward to our scheduled engagement through the Chamber with leaders in this wonderful country.'
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