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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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Disposable Plastic Syringes and Needles Manufacturing - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Production Schedule

With the development of pharmaceutical industries the use of disposable syringes and needles will also develop. With the population growth and lack of balanced food to the people in India, health hazard problems are quite obvious that why pharmaceutical and other medicine related industries like disposable syringes and needle industries are booming day by day. The product has very good domestics and export demand. So it is a good project for the new entrants.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 43.00%Break even: 38.00%
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Disposable Plastic Syringes - 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 capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 29.00%Break even: 57.00%
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Paper Napkins, Facial Paper & Toilet Rolls From Tissue Paper Rolls - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Due to Govt. emphasis for popularizing tourism, number of new hotels, holiday resorts, restaurants etc. have demand of paper conversion products like Paper Napkins, facial paper etc. Paper napkins, facial paper & toilet rolls obtained from tissue paper are absorbent, lightweight & hygienic, Paper Napkin is used in hotels, restaurants and as a substitute of handkerchief. There is good demand of tissue paper rolls both internal & for export. So, there is good scope for new entrants.
Plant capacity: 2 Mt Toilet Rolls, 2 Mt Facial Paper, 6 Mt Paper Napkin (Per Day) Plant & machinery: Rs. 41 Lakhs
Working capital: -T.C.I: Rs. 600 Lakhs
Return: 69.00%Break even: 23.00%
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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

Low carbon ferro manganese is made by reaction of silicon present in silicon manganese or low carbon manganese with manganese ore and lime. These cannot be produced directly from manganese ore and carbon due to co-smelting of gangue constituents. Their carbon contents ranges from 0.1% to 1.5%. These are required where carbon control in steel is strictly necessary. These are also used for the purpose of allowing and deoxidation and as cleaning agent. Their total indigenous production is above 50%. India is also exporting these ferro manganese to various countries like Germany, France etc. So, there is a good scope for new entrants.
Plant capacity: 50.00 MT/day Plant & machinery: Rs. 120 Lacs
Working capital: -T.C.I: Rs. 1300 Lacs
Return: 75.00%Break even: 34.00%
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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

Plastic floor tiles are known for some time Artificial synthetic marble the invention of the developing affordable resort, virtually replacing the use of natural marble. Artificial marble tiles are more durable than natural quarried marble. It is also more resistant to stains wear and damaging effects of household chemicals. The artificial marble tiles are gaining varied application in building project, which are developing very fast. Stones are of many verities and colours can be broadly classified as granite, marble, slate and sandstone. These are used mainly for various purposes such as construction of buildings, monuments and a host of household items, e.g. kitchen slabs, table tops etc. Among all, granite is the most important stone. India exports a wide range of stone based products. There is a good scope for a new entrepreneur.
Plant capacity: 3.00 MT/dayPlant & machinery: Rs. 29 lakhs
Working capital: -T.C.I: Rs. 154 lakhs
Return: 46.00%Break even: 45.00%
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PACKAGED DRINKING WATER - 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

Water quality and quantity are interdependent, interacting elements of water system. The term water quality refers to the level of suitability of water for specified purposes. Use of mineral water gradually increase in India due so shortage of pure hygienic water and also increase the knowledge of water because pathogenic micro organisms, which are main reason of stomach problem. On this reason a part of the society stored so use safe drinking water i.e. mineral water. There is increase full life, major of the working group has to take travel from one place to another place, by this time they are now habituate to use mineral water. Major of the tourists are only habituated to take safe drinking waters. Packed bottled mineral water is the only main resources in our country to safe drinking water. On that base, it can be concluded that scope of mineral water will be much more increased in the future.
Plant capacity: 10000 Ltrs./dayPlant & machinery: Rs. 60 lakhs
Working capital: -T.C.I: Rs. 180 lakhs
Return: 43.00%Break even: 40.00%
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Bicycle Plant - 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

As a machine, the bicycle is found to deliver about 75 watts, travelling at 18 kmph on a sustained basis, although on a very short term basis power delivered can be 10 times as much. In terms of energy consumed, the bicycle consumes only 0.15 calories per gram of body weight per kilometer, as compared to 0.75 calories while walking. Bicycle continues to be a major means of transportation not only for men and women but also carrying goods-especially in the rural areas. It is used in the industrial countries by children for recreation, sports and for physical activity. The Indian bicycle industry claims to be the second largest in the world with an installed capacity of around 15 mn units. The total world market is estimated at 90 mn units. India has a share of around 13%. The Indian bicycle market is estimated at around 14 mn bicycles annually. There is a good scope for new entrants.
Plant capacity: 7000 Nos. / DayPlant & machinery: 5718 Lakhs
Working capital: -T.C.I: Cost of Project 7861 Lakhs
Return: 41.00%Break even: 47.00%
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Marble Granite Cutting & Polishing Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

It is an important structural & ornamental stone because of its higher compressive strength & durability, is extensively used for massive structural work. It is a light coloured indigenous granular rock, grey, red, pink, white or green in colour & characterized by presence of quartz, feldspar & minor amount of mica. Granite of different varieties are in demand for preparing monument, which are used as memorials in India & abroad. It is used in various metrological instruments as surface plates, straight edges, parallels, cubes, V blocks & work mounting table of coordinate meaning m/c. Granite tiles are used for facing flooring and wall skirting in domestic and commercial building including Hotel and Community buildings. So the consumption of granite slab and tiles is predominants in diversified end user industries and as a consequence. To looking its uses we can say that there is a good scope for any new entrepreneur.
Plant capacity: 30000 Sq. Mtr./AnnumPlant & machinery: 196 Lakhs
Working capital: N/AT.C.I: Cost of Project 293 Lakhs
Return: 46.00%Break even: 78.00%
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GOLD JEWELLERY - 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 Economic

Jewellery making is one of the oldest industries in India. It has been a traditional craft in India, each region in the country specialising in different designs and skills. Jewellery is one trade, which is still placed in the cottage industry category. The chief uses of gold is in jewellery, dental alloys gold coating of base metals and scientific instruments. It is nearly used in the form of alloys not as pure metal, because for most industrial as well as jewellery purposes pure gold is too soft and expensive. India is the world’s largest gold jewellery market. About 80% gold is used for jewellery fabrication for domestic demand, 15% for investors demand and barely 5% for industrial use. Any entrepreneur may go into this field, will be successful.
Plant capacity: 2 Kg./day Plant & machinery: Rs.95 Lakh
Working capital: N/AT.C.I: Rs. 670 Lakh
Return: 51.00%Break even: 31.00%
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Concentrated Manganese Ore - 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

India holds a leading position as a source of manganese ore. The output of this mineral being the third largest in the world. The ore occurs in various forms of deposits with varying grade of purity. It appears in admixture with iron, silica & other minerals. The bulk of manganese ore mines in the world is used for metallurgical purposes. The hard lump manganese ore of India has been found suitable for the furnace by steel manufacture all over the world. Manganese is alloyed with on ferrous metals like copper, bronze & nickel for specific uses. The largest single consumers of manganese in the world are in the USA. The Russia, is also a major consumer of the ore but their own resources are more than adequate to meet the domestic needs. France, West Germany, Britain and Japan are other important consumers. There is a good scope for new entrants to invest in this project.
Plant capacity: 7500 MT/AnnumPlant & machinery: Rs. 127 Lakhs
Working capital: -T.C.I: Cost of Project Rs. 656 Lakhs
Return: 42.00%Break even: 40.00%
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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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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

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