Burundi is a landlocked country located in the Eastern part of Africa with a population of around 10 million people (2013). Burundi covers an area of 27,834 square kilometers. Bounded to the North by Rwanda, to the West by Democratic Republic of Congo, and to the East and South by Tanzania, Burundi is part of East-Central Africa. It is part of the region of great lakes and rift valleys, which extends through Central Africa from the Red Sea to Lake Malawi through Ethiopia.
Burundi is member of the COMESA (Common Market for Eastern and Southern Africa) and EAC (East African Community). Some of its key economic profile is summarized below: The economy is primarily agro based and agriculture accounts for 43% of GDP and employs about 90% of the workforce. The agricultural sector is dominated by coffee production followed by tea production. Services account for 32% of GDP, mainly from the transport and telecommunications sectors. The manufacturing sector contributes to about 5% mainly from construction, the mining industry and the energy sector.
The Burundi Federal Chamber of Commerce and Industry is the apex body for private sector organisations in Burundi. It adopted its present form in 2008 and brings together ten sectoral chambers and two cross-sectoral chambers. The chamber represents the interests of the private sector in dialogue with government on matters of interest to business. The roles and responsibilities of CFCIB
- Design, propose and contribute to the promotion and implementation of a policy of private sector development;
- Represent the sectoral chambers of the private sector component and defend their interests to government, national and local governments, institutions or organizations public, semi-public or private, non-governmental organizations and donors as well as with organizations international;
- Make available to businesses and other private sector associations of technical assistance services, specialized information consulting, training and development services to all business and professional organizations in the private sector;
- Contribute to creating the conditions necessary for strengthening and access to commercial credit, the requirements of transparency, free competition, the introduction of a tax incentive legislation to economic and social development and the fight against practices that undermine the stability of business;
- Assist in linking national economic operators with partners in the sub-region and international;
- Create or realize itself in economic studies related to the needs of the moment and respond to inquiries made at the initiative of the government or other partners;
- Promote national and international trade including trade events such as fairs and mentoring participation Burundian firms in fairs and foreign exhibitions;
- Help normalization or standardization of goods and deposit samples contribute to the dissemination and implementation forfeits standards and norms.
Private Sector Associations in Burundi
- Burundi Federal Chamber of Commerce and Industry (BFCCI)
- Burundi Manufacturers Association / Association des Industrielles du Burundi (AIB)
- Burundi Enterprise Network represents; represents Small and Medium Enterprises (SMEs)
- Association Des Banques et Etablissements Financiers du Burundi (Burundi Bankers Association)
- Burundi Freight Forwarders Association
- Burundi Association of Employers
- Chamber of Hotel and Tourism (HTB)
- Burundi Association of Burundi Women Entrepreneurs
Other Key Agencies
Investment: Burundi Investment Promotion Agency www.investburundi.com