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Best Business Opportunities in Burkina Faso, Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Great Reasons to Start a Business in Burkina Faso-

There are numerous reasons to start a business in Burkina Faso; the true reasons why individuals should do so are mentioned here; these will make your selection much easier and turn your investment into something useful. Continue reading if you want to learn more about how to manage a profitable business in Burkina Faso.

You Will Be Part of Something Bigger

Many entrepreneurs in Burkina Faso have stated that they established their enterprises because they wanted to be a part of something bigger than themselves. Starting a business here means becoming a part of a massive movement that has been going on for years and is only becoming stronger. With so many wonderful things going on,

.  Your Business Will Make a Difference

When you decide to start a business in Burkina Faso, you will be amazed at how much good can be accomplished by an one act. Your small business has the potential to alter people's lives for the better by delivering jobs and growth to communities where poverty has existed for decades.

It Is Easier Than You Think

Some people believe that running a business in Burkina Faso is difficult - but they haven't tried! It is relatively simple to run a business here, especially when compared to other countries throughout the world.

It Can Help Other People:

You can help others by offering goods or services that were previously unavailable or unaffordable, in addition to helping yourself by producing wealth and employment opportunities.

You Will Learn New Things Every Day: When starting a new business in Burkina Faso, you will quickly discover that there is always something new to learn about how to do it successfully.

 

What are the Natural Resources in Burkina Faso?

Burkina Faso has a wealth of natural resources, including gold, diamonds, manganese, and phosphates. There are also a slew of other minerals that have yet to be discovered or mined. Many agricultural goods, including as cotton, cocoa beans, and peanut butter, thrive in this climate. Burkinabe people are eager to work hard at jobs that will bring industry and business to their country. In short, there are many compelling reasons to start a business in Burkina Faso!

 

What are the Business Opportunities in Burkina Faso?

Burkina Faso has a plethora of business prospects. There are many possibilities available to you whether you're seeking for methods to make money or want to start your own business. If you live and work in one of the larger cities, like as Ouagadougou or Bobo-Dioulasso, this is especially true. But just because you don't reside there doesn't mean you can't establish a business there. There are many people who have started their own enterprises in little communities. Grocery stores, restaurants, bars, and other small enterprises that can be run from home fall under this category. There's no reason why you shouldn't be able to accomplish it as well.

 

What businesses are successful in Burkina Faso?

Textiles and apparel, in particular, can be manufactured, produced, and distributed. The Burkinabe have a high level of expertise and are quite clever. Burkinabe crafts include red clay ceramics, colourful woven straw products, wood, stone, or ivory carvings, and semi-precious stone and cowrie shell jewellery. A large textile sector is also present. Cotton, gold, livestock, and agricultural products such as cotton, peanuts (groundnuts), sesame seeds, and millet are the country's principal exports: peanuts (groundnuts), sesame seeds, and millet.

 

Is Burkina Faso Good for Business?

Yes, for starters. There's a lot of commercial potential here, and there's not a lot of competitors. In terms of entrepreneurship, there is plenty of potential for expansion: 40 percent of Burkinabes (the people) work for small and medium-sized businesses, which account for only 12 percent of GDP. Market prospects abound without a doubt.

 

Business-Friendly Policies and Government Initiatives

Burkina Faso is an appealing alternative for entrepreneurs because of its determination to modernise and enhance its infrastructure. There is still lots of space for growth in this country, which has a population of over 17 million people and a per capita GDP of $1,604 by 2020. Indeed, there are numerous reasons why entrepreneurs should consider establishing a business in Burkina Faso today, particularly when it comes to small firms. Over 40 government projects and initiatives aimed at assisting small and medium-sized businesses were launched in 2017. Tax breaks for businesses with less than 50 employees, as well as businesses owned by Burkinabé investors in other countries, are among these initiatives. These tax breaks have been in place since 2012, but they've been tweaked to make them more accessible.

 

Industrial Infrastructure Burkina Faso

Agriculture remains Burkina Faso's most important economic sector, accounting for over 42% of GDP and employing roughly 80% of the country's workers. Cotton is still the most significant crop in the country. Due to low rainfall and high heat, farmers only harvest two to three times per year on average. Burkina Faso was grain self-sufficient until 1991, but bad harvests in 1992 and 1993 forced it to become a net importer of food grains. Cotton lint, sugarcane, corn, rice, sorghum (the staple), millet, peanuts (groundnuts), potatoes, beans, and other vegetables are all produced in the country. Burkina Faso also contains animals, including cattle (mostly in the south), sheep (in both pastoral and agro-pastoral zones), and goats (primarily in the Sahelian zone). There are also significant gold reserves in the country.

 

Market Size Burkina Faso

Value chains can provide a competitive edge. In cereals, particularly rice and maize, fruits and nuts, mangoes, cashew, peanuts and shea, oilseed and sesame crops, as well as livestock, Burkina Faso has a comparative advantage that is not completely exploited. While the country is one of Africa's top cotton producers, these considerable potential will assist diversify agricultural production and exports, improving sustainability, promoting domestic change, and increasing value addition. Burkina Faso can do so by leveraging its favourable climatic conditions in the stronger mining value chains to assist in the development of power infrastructure, as the mines in operation have nearly as much installed energy capacity as the national utility, while also supporting the development of high-potential agriculture subsectors. To realise this potential, proactive methods to construction are required.

 

Industrial Growth Burkina Faso

Are you on the lookout for investing opportunities? Businesses wishing to invest or expand in Burkina Faso can take advantage of some fantastic prospects. The country's economy is booming and growing at a rapid pace, with several industrial sectors presenting significant development opportunities for international investment. Food processing and manufacturing, for example, have experienced rapid expansion in recent years, and mining is also on the increase. Burkina Faso's government is eager to stimulate international investment by offering tax breaks and decreased customs fees on equipment and industrial imports. In addition, a number of commercial groups provide assistance to foreign investors looking to launch a business in Burkina Faso.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Artificial Marble Tiles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

With the vast potential of plastics, artificial synthetic marble is virtually replacing the use of natural marble. The qualities of artificial synthetic marble are very much the same as those of natural marble. Synthetic marble is produced out of fillers and synthetic resin is used as binder. The main advantage of synthetic marble (cultured marble) are its high strength values, low shrinkage, minimum water absorption, resistant to corrosion, ageing and weather resistant to aggressive media, easy maintenance and high abrasion resistance etc. Calcium carbonate fillers are the most widely used filler for the preparation of filled compositions and moulding. Calcium Carbonate fillers are low in cost and is one of the largest applications of artificial, synthetic or cultured marble. Cultured marble is more durable than natural quarried marble. It is more resistant to stains, wear and damaging effects of household chemicals. The major areas where artificial marble tiles can be advantageously used are roofings, flooring, tiles used as wall products in different designs and castings. The artificial marble tiles are gaining varied application in building project which are developing very fast.
Plant capacity: 3 MT/DayPlant & machinery: Rs. 17 Lakhs
Working capital: Rs. 54 LakhsT.C.I: Rs. 121 Lakhs
Return: 43.00%Break even: 49.00%
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Granite (Marble) Polishing Batti (Bar) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Marble polishing batti is an essential item in the marble and granite polishing industries. Now a days there is good market demand of granite and marble articles. Granite & marble are natural product, it is abundantly available in India. Exploring of the natural resources is one of the main work in our country. For processing of marble there is necessity of polishing instruments, by using polishing instruments, it will be looked like a glazed material for making marble polishing batti. Granite is the most important stone have a growing demand both in the domestic and overseas markets. India produces granite of innumerable varieties and colours such as black granite multicoloured granite, red granite, grey graphite and brown granite. There is good scope of this project. Any entrepreneur can come in this field.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 33.63%Break even: 40.77%
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Granite Marble Cutting and Polishing Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

The use of granite and other decorative stones has been increasing world over. India is endowed with vast deposits of these natural resources and is therefore, in a position to meet not only the domestic need but also to greatly enhance export. Besides, there is scope for substantial generation of employment opportunities in rural and backward areas. Granite is the hardest compact structural stone which is quarried and dressed into blocks of desired size and shapes, and is amenable to slicing and polishing. There is good scope for granite-marble cutting & polishing unit. Any entrepreneur can well venture in this project.
Plant capacity: 100 Sq. M./DayPlant & machinery: Rs. 168 Lakhs
Working capital: Rs. 151 LakhsT.C.I: Rs. 388 Lakhs
Return: 47.73%Break even: 42.87%
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Manganese from Ferro Manganese Alloy Slag Content 30% Mno3 - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Plant Layout

Ferro Manganese, an alloy of Fe and Mn (70-80%) is obtained by smelting a mixture of iron and manganese ore with carbon in blast furnace, Manganese sulfate is generally manufactured by using manganese dioxide with sulfuric acid or manganese carbonate with concentrate sulfuric acid. It can also be manufactured by using iron and manganese slag. It has good demand in fertilizers, paints and varnishes, ceramics, textile dyes, medicines fungicides etc. It has also a good export potentiality.
Plant capacity: 5 MT/DayPlant & machinery: Rs. 50 Lakhs
Working capital: Rs. 109 LakhsT.C.I: Rs. 226 Lakhs
Return: 47.43%Break even: 68.36%
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Low Carbon Ferro Manganese - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Manganese ores, containing more than 35 % manganese are suitable for the manufacture of high or low grade ferro-manganese. Low carbon ferro manganese required where carbon control in steel is strictly necessary 7% C and 74 - 78 % Mn is a standard ferro manganese used for the purpose allowing and deoxidation. India is exporting ferro manganese to various countries. Due to its various applications there is good demand in domestic and export market. Scope for new entrants is there, so one can well venture in to this field.
Plant capacity: 50 MT/DayPlant & machinery: Rs. 104 Lakhs
Working capital: Rs. 885.00 LakhsT.C.I: Rs. 1129.00 Lakhs
Return: 66.12%Break even: 40.99%
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Gold Potassium Cyanide - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Gold Potassium Cyanide basically is a gold salt and it is generally made by using elements of potassium, gold, carbon and nitrogen. It is stable, colorless, crystalline compound and it is generally prepared from potassium cyanide and gold used as raw material. Basic plant and machineries required for the manufacturing of Gold Potassium Cyanides are reactor vessels, crystalliser, evaporator, filtration unit, centrifuge, drier etc. the basic advantage to install this plant and to manufacture this compound is that there is no requirement of importing any plant any plant and machineries as well as raw materials. Because all the raw materials are available in India. Also, there is scope of importing of raw materials from outside India. Gold Potassium Cyanide is largely used in the gold plating on metallic plate. This is a good product and has fair market. Its demand also is increasing in an appreciable rate. Therefore it is a good area for new investment.
Plant capacity: 250 Grm/DayPlant & machinery: Rs. 13 Lakhs
Working capital: Rs. 50 LakhsT.C.I: Rs. 75 Lakhs
Return: 88.60%Break even: 27.46%
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Calcium Carbonate from Marble Chips - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities,Plant Layout

Marble is metamorphic, calcium carbonate of ultrafine, crystalline structure. It is used as building and ornamental stone (chips), artifical stone, source of carbon dioxide, neutralization of acids. The optimum yeild of calcium carbonate (precipitated) from marble chips is 50%. Precipitated calcium carbonate is used in dentificers, as fillers in the manufacture of tooth paste and powder, foods, cosmetics, pharmaceuticals and antibiotics. Technical grades are used in the manufacture of ceramics, putty, polishes, insecticides, inks, shoe dressings and as a filler in the production of adhesives, matches, linoleum and welding rods. To some extent it is also used as an extruded pigment in the paint industry. Major users of activated and precipitated calcium carbone is toothpaste industry, pharmaceutical industry, cosmetics, cement and rubber industry.
Plant capacity: 10.00 MT/DayPlant & machinery: Rs. 119 Lacs
Working capital: Rs. 69 LacsT.C.I: Rs. 314.00 Lacs
Return: 27.68%Break even: 59.04%
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Artificial Marble Tiles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

With the vast potential of plastics, artificial synthetic marble is virtually replacing the use of natural marble. The qualities of artificial synthetic marble are very much the same as those of natural marble. Synthetic marble is produced out of fillers and synthetic resin is used as binder. The main advantage of synthetic marble (cultured marble) are its high strength values, low shrinkage, minimum water absorption, resistant to corrosion, ageing and weather resistant to aggressive media, easy maintenance and high abrasion resistance etc. Calcium carbonate fillers are the most widely used filler for the preparation of filled compositions and moulding. Calcium Carbonate fillers are low in cost and is one of the largest applications of artificial, synthetic or cultured marble. Cultured marble is more durable than natural quarried marble. It is more resistant to stains, wear and damaging effects of household chemicals. The major areas where artificial marble tiles can be advantageously used are roofings, flooring, tiles used as wall products in different designs and castings. The artificial marble tiles are gaining varied application in building project which are developing very fast.
Plant capacity: 3 MT/DayPlant & machinery: Rs. 18 Lacs
Working capital: Rs. 48 LacsT.C.I: Rs. 107 Lacs
Return: 53.21%Break even: 44.05%
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Paper Napkins, Toilet Rolls & Facial Tissue - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Paper is one of the necessities of civilization and it is almost impossible to imagine the continuance of a world with out a printed books and news papers. Facial and toilet tissue papers fall in the category of light weigh sanitary tissue and comprise of items viz facial tissue, sanitary tissue, table napkins such varieties of papers are normally unsized and manufactured in soft, loosely felted conditions. Industries manufacturing paper napkins, toilet paper rolls, facial tissues as well as cigarette and wrapping paper etc. are dependant on tissue paper. It is concluded that there is good domestic and export demand of paper napkins, toilet rolls and facial tissue. The industry may be classed as very prospective.
Plant capacity: 1000 Kgs/DayPlant & machinery: Rs. 6 Lakhs
Working capital: Rs. 38 LakhsT.C.I: Rs. 53 Lakhs
Return: 96.61%Break even: 25.40%
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Paper Napkins - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Tissue paper is often used for wrapping as in jewellery, liquors, fruits and florist trades etc. Napkins are manufactured from tissues. Paper napkins are becoming very popular in the catering industry as they are absorbent, hygienic, light and has visual appeal. Paper napkins are used in hotels, restaurants, as a substitute for handkerchief, homes etc. The per capita consumption of paper and paper products are increasing in India and demand for napkins alone has been recorded as 25,000 tonnes. There is good scope for entrepreneurs in this field.
Plant capacity: 400 Kgs./ DayPlant & machinery: --
Working capital: -T.C.I: -
Return: 43.88%Break even: 47.25%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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