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The country is under sanctions by the United Nation’s Security Council and/or the UK Government. Currently B2B Hub is not providing legal and financial services for the present country.

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Burundi

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

Gitega

Burundi

Kirundi, French

13,238,559

BIF

Burundi Franc

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<Economy>

"Burundi is a small, landlocked country in East Africa with a population of 11.7 million people. The economy of Burundi is largely based on subsistence agriculture, which accounts for over half of the country’s GDP. The country also relies heavily on foreign aid, with the World Bank providing over $1 billion in assistance since 2000.

Burundi’s economy has been struggling in recent years, with GDP growth averaging just 1.2% between 2015 and 2019. This is largely due to political instability, weak infrastructure, and a lack of access to credit. Inflation has also been a major issue, with the rate reaching a high of 16.2% in 2019.

The unemployment rate in Burundi is estimated to be around 8.2%, with youth unemployment at a staggering 25%. Poverty is also a major issue, with over 70% of the population living below the poverty line.

Despite these challenges, Burundi has made some progress in recent years. The country has seen an increase in foreign investment, with the World Bank approving $200 million in loans in 2019. The government has also implemented a number of reforms to improve the business environment, including the introduction of a new investment code.

Overall, Burundi’s economy is facing a number of challenges, but there are signs of progress. With continued investment and reform, the country could see an improvement in its economic situation in the coming years."

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