Guinea-Bissau

Guinea-Bissau is one of the world's poorest countries, heavily dependent on cashew nut production and exports (world's fifth-largest producer). Cashew accounts for over 90% of export revenue. The economy also depends on fishing, rice cultivation, and timber. Political instability (multiple coups) has hindered development. The country operates within the CFA franc zone (WAEMU), providing currency stability. Offshore oil and gas potential exists but remains unexplored. Challenges include poverty, weak institutions, drug trafficking concerns, and extremely limited infrastructure.