{"id":10587,"date":"2021-07-17T12:37:47","date_gmt":"2021-07-17T10:37:47","guid":{"rendered":"https:\/\/aedic.eu\/?p=10587"},"modified":"2022-11-27T00:02:45","modified_gmt":"2022-11-26T23:02:45","slug":"joint-venture-jv-business-africa","status":"publish","type":"post","link":"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/","title":{"rendered":"Business in Africa - What is a joint venture (JV)?"},"content":{"rendered":"<p><strong>A joint venture (JV) is a commercial agreement<\/strong> in which two or more parties agree to pool their resources in order to perform a specific task. This activity may be a new project or any other business activity.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #1e73be;color:#1e73be\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #1e73be;color:#1e73be\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#i\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#CONCETTI_CHIAVE_SULLA_JOINT_VENTURE\" >KEY CONCEPTS ON JOINT VENTURES<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Joint_venture_in_Africa\" >Joint ventures in Africa<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Ci_sono_tre_ragioni_principali_per_cui_le_aziende_formano_joint_venture\" >There are three main reasons why companies form joint ventures:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#i-2\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Per_fruttare_le_risorse_di_una_zona\" >To exploit the resources of an area<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Risparmio_sulle_produzioni_e_costi_fissi\" >Savings on production and fixed costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Scambio_di_competenze\" >Exchange of expertise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Come_si_pagano_le_tasse_su_una_joint_venture\" >How do you pay taxes on a joint venture?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Utilizzo_di_una_joint_venture_per_entrare_nei_mercati_esteri\" >Using a joint venture to enter foreign markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Joint_Venture_vs_Partnership_e_Consorzio\" >Joint Venture vs. Partnership and Consortium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Requisiti_per_le_joint_venture\" >Requirements for joint ventures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Esempi_di_joint_venture\" >Examples of joint ventures<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Domande_frequenti_sulle_Joint_Venture\" >Frequently Asked Questions on Joint Ventures<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#i-3\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Perche_le_imprese_entrano_in_joint_venture\" >Why do companies enter into joint ventures?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#i-4\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Quali_sono_i_principali_vantaggi_della_costituzione_di_una_joint_venture\" >What are the main advantages of setting up a joint venture?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Quali_sono_alcuni_svantaggi_della_costituzione_di_una_joint_venture\" >What are some disadvantages of setting up a joint venture?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Le_joint_venture_hanno_bisogno_di_una_strategia_di_uscita\" >Do joint ventures need an exit strategy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Gestire_il_rischio_in_Africa_con_calma_e_professionalita\" >Managing risk in Africa calmly and professionally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Aedic_con_i_suoi_consulenti_ha_la_possibilita_di_farvi_entrare_in_Africa_Centrale_e_prendere_posizione_dove_sorgera_la_citta_industriale_di_Kribi\" >Aedic with its consultants has the opportunity to bring you into Central Africa and take a position where the industrial city of Kribi will be built.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#Guardate_questo_video_per_comprendere_meglio_di_cosa_stiamo_parlando\" >Watch this video to better understand what we are talking about.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#che_cosa_volete_fare_ora\" >what do you want to do now?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>In a <strong>joint venture (JV)<\/strong>, each of the participants is responsible for the profits, losses and costs associated with it. However, the enterprise is an entity in its own right, separate from the other business interests of the participants.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"i\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"CONCETTI_CHIAVE_SULLA_JOINT_VENTURE\"><\/span>KEY CONCEPTS ON JOINT VENTURES<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources in order to perform a specific task.<\/p>\n\n\n\n<ul><li>They are a partnership in the colloquial sense of the word, but can assume any legal structure.<\/li><li>A common use of JVs is to partner with a local company to enter a foreign market.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Joint_venture_in_Africa\"><\/span>Joint ventures in Africa<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Understand well what joint ventures are<\/strong><br>Joint ventures, although a partnership in the colloquial sense of the word, can assume any legal structure. Corporations, partnerships, limited liability companies (LLCs) and other business entities can be used to form a JV. 1 Despite the fact that the purpose of JVs is typically for production or research, they can also be formed for an ongoing purpose. JVs can bring together large and small companies to undertake one or more large or small projects and agreements.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/aedic.eu\/wp-content\/uploads\/2021\/07\/Joint-Venture-africa-kribi-investimenti.jpg\" alt=\"Joint-Venture-Africa-kribi-investments\" class=\"wp-image-10665\" title=\"\"><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ci_sono_tre_ragioni_principali_per_cui_le_aziende_formano_joint_venture\"><\/span><strong>There are three main reasons why companies form joint ventures:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"i-2\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Per_fruttare_le_risorse_di_una_zona\"><\/span>To exploit the resources of an area<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>A joint venture can utilise the combined resources of both companies to achieve the objective of the venture. One company may have a well-established production process, while the other company may have superior distribution channels.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risparmio_sulle_produzioni_e_costi_fissi\"><\/span>Savings on production and fixed costs<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>By using economies of scale, both JV companies can exploit their production at a lower unit cost than they would separately. This is especially appropriate with technological advances that are expensive to implement. Other cost savings from a JV may include the sharing of advertising or labour costs.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Scambio_di_competenze\"><\/span>Exchange of expertise<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Two companies or parties forming a joint venture may each have unique backgrounds, skills and expertise. When combined through a JV, each company can benefit from the experience and talent of the other within its own company.<\/p>\n\n\n\n<p>Regardless of the legal structure used for the JV, the most important document will be the JV agreement\/contract that establishes all rights and obligations of the partners. The objectives of the JV, the initial contributions of the partners, the day-to-day operations, the right to profits and the liability for losses of the JV are all laid down in this document. It is important to draft it carefully to avoid disputes down the road.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Come_si_pagano_le_tasse_su_una_joint_venture\"><\/span>How do you pay taxes on a joint venture?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>When a JV is formed, the most common thing the two parties can do is <strong>create a new entity.<\/strong> But since the JV itself is not recognised by the local tax agency, the business agreement between the two parties helps determine how taxes are paid. If the JV is a separate entity, it will pay taxes as any other company or corporation does. Thus, if it operates as an LLC\/SRL, profits and losses would go to the owners' personal tax returns just like any other LLC\/SRL.<\/p>\n\n\n\n<p>The JV agreement will explain how profits or losses are taxed. But if the agreement is simply a contractual relationship between the two parties, then their agreement will determine how the tax will be divided between them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Utilizzo_di_una_joint_venture_per_entrare_nei_mercati_esteri\"><\/span>Using a joint venture to enter foreign markets<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A common use of JVs is to partner with a local company to enter a foreign market. A company that wants to expand its distribution network into new countries can usefully enter into a JV agreement to supply products to a local company, thus benefiting from an existing distribution network. 2 Some countries also have restrictions on foreigners entering their market, making a JV with a local entity almost the only way to do business in the country.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Joint_Venture_vs_Partnership_e_Consorzio\"><\/span>Joint Venture vs. Partnership and Consortium<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A joint venture (JV) is not a partnership. This term is reserved for a single corporate entity formed by two or more persons. Joint ventures combine two or more different entities into a new one, which may or may not be a partnership.<\/p>\n\n\n\n<p>The term 'consortium' can be used to describe a joint venture. However, a consortium is a more informal arrangement between a group of different companies, rather than creating a new one. A consortium of travel agents may negotiate and offer members special rates on hotels and air fares, but it does not create an entirely new entity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Requisiti_per_le_joint_venture\"><\/span>Requirements for joint ventures<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Key elements of a joint venture may include (but are not limited to):<\/p>\n\n\n\n<ul><li>The number of parties involved<\/li><li>The area in which the JV will operate (geography, product, technology)<\/li><li>What and how much each party will contribute to the JV<\/li><li>The structure of the JV itself<\/li><li>Initial contributions and division of ownership of each party<\/li><li>The type of arrangements to be made once the deal is completed<\/li><li>How the JV is controlled and managed<\/li><li>What the JV staff will be like<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Esempi_di_joint_venture\"><\/span>Examples of joint ventures<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once the joint venture (JV) has achieved its objective, it can be liquidated like any other asset or sold. For example, in 2016, Microsoft Corporation (NASDAQ: MSFT) sold its 50% stake in Caradigm, a JV created in 2011 with General Electric Company (NYSE: GE). The JV was formed to integrate Microsoft's Amalga enterprise healthcare data and intelligence system, along with a variety of GE Healthcare technologies. Microsoft has now sold its stake to GE, ending the JV. GE is now the sole owner of the company and is free to pursue the business as it sees fit.<\/p>\n\n\n\n<p>Sony Ericsson is another famous example of a JV between two large companies. In this case, they collaborated in the early 2000s with the goal of being a world leader in mobile phones. 3 After several years as a JV, the company eventually became solely owned by Sony.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Domande_frequenti_sulle_Joint_Venture\"><\/span><strong>Frequently Asked Questions on Joint Ventures<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"i-3\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Perche_le_imprese_entrano_in_joint_venture\"><\/span>Why do companies enter into joint ventures?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>There are many reasons to join forces with another company on a temporary basis, including for expansion purposes, new product development or to enter new markets (particularly overseas). JVs are a common way to combine the business skills, industry experience and personnel of two otherwise unrelated companies. This type of partnership allows each participating company the opportunity to scale its resources to complete a specific project or objective, reducing the total cost and spreading the risk and responsibility inherent in the activity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"i-4\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quali_sono_i_principali_vantaggi_della_costituzione_di_una_joint_venture\"><\/span>What are the main advantages of setting up a joint venture?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A joint venture allows each party to access the resources of the other participants without having to spend excessive capital. Each company is able to maintain its own identity and can easily return to normal business operations once the joint venture is complete. Joint ventures also provide the benefit of shared risk.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quali_sono_alcuni_svantaggi_della_costituzione_di_una_joint_venture\"><\/span>What are some disadvantages of setting up a joint venture?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Joint venture agreements commonly restrict the outside activities of the participating companies while the project is ongoing. Each company involved in a joint venture may be required to sign exclusivity agreements or a non-competition covenant affecting its current relationships with suppliers or other business contacts. The agreement under which joint ventures are created may also expose each company to liability inherent in a partnership unless a separate corporate entity is established for the joint venture. In addition, while the companies participating in a joint venture share control, the work activities and use of resources are not always shared equally.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Le_joint_venture_hanno_bisogno_di_una_strategia_di_uscita\"><\/span>Do joint ventures need an exit strategy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A joint venture aims to fulfil a particular project with specific objectives, so the venture ends when the project is complete. An exit strategy is important as it provides a clear path on how to dissolve the joint activity, avoiding exhausting discussions, costly legal battles, unfair practices, negative impacts on customers and any possible financial losses. In most joint ventures, an exit strategy can take three different forms: sale of the new business, spin-off of operations or employee ownership. Each <a href=\"https:\/\/aedic.eu\/en\/invest-in-africa\/the-strategic-alliances-the-joint-international-ventures\/\" >exit strategy offers several advantages to the joint partners<\/a> venture, as well as the potential for conflict.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gestire_il_rischio_in_Africa_con_calma_e_professionalita\"><\/span><strong>Managing risk in Africa calmly and professionally<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Thanks to important bilateral recognitions and collaborations with institutions, port agencies etc,<\/strong> for your economic breakthrough in Africa, <strong>AEDIC<\/strong> offers the opportunity to enter a safe harbour, with tax benefits and tax relief for 10 years, concessions and low cost of highly educated skilled labour in <strong>central location in AFRICA.<\/strong><\/p>\n\n\n\n<p><strong>When you have decided to act, we provide you with all the essential risk management tools throughout the investment lifecycle.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/aedic.eu\/wp-content\/uploads\/2022\/01\/central-africa-kribi-africa-centrale.jpg\" alt=\"central-africa-kribi-africa-central\" class=\"wp-image-10694\" title=\"\"><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Aedic_con_i_suoi_consulenti_ha_la_possibilita_di_farvi_entrare_in_Africa_Centrale_e_prendere_posizione_dove_sorgera_la_citta_industriale_di_Kribi\"><\/span>Aedic with its consultants has the opportunity to bring you into Central Africa and take a position where the industrial city of Kribi will be built.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Guardate_questo_video_per_comprendere_meglio_di_cosa_stiamo_parlando\"><\/span>Watch this video to better understand what we are talking about.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<p>[su_youtube url=\"https:\/\/www.youtube.com\/watch?v=P0savsBM0CA\" title=\"investing in africa in Kribi (Cameroon)\"]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"che_cosa_volete_fare_ora\"><\/span>what do you want to do now?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>if you wish to get in touch with us to develop your business opportunity in Africa, please fill in the form below and one of our consultants will contact you within 24 hours<\/strong><\/p>\n\n\n<p class=\"wpcf7-contact-form-not-found\"><strong>Error:<\/strong> Contact form not found.<\/p>","protected":false},"excerpt":{"rendered":"<p>A joint venture (JV) is a commercial agreement in which two or more parties agree to pool their resources in order to perform a specific task. This task may be a new project or any other commercial activity. In a joint venture (JV), each ... <\/p>\n<p class=\"read-more-container\"><a title=\"Business in Africa - What is a joint venture (JV)?\" class=\"read-more button\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/joint-venture-jv-business-africa\/#more-10587\" aria-label=\"More on Business in Africa - What is a joint venture (JV)?\">Read more<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":252,"footnotes":""},"categories":[13],"tags":[37,229,239,240],"acf":[],"_links":{"self":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts\/10587"}],"collection":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/comments?post=10587"}],"version-history":[{"count":4,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts\/10587\/revisions"}],"predecessor-version":[{"id":13883,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts\/10587\/revisions\/13883"}],"wp:attachment":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/media?parent=10587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/categories?post=10587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/tags?post=10587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}