The most common type of business in West African countries is
Answer Details
The most common type of business in West African countries is the sole proprietorship. This is because it is the simplest form of business that can be established by an individual, and it requires a relatively small amount of capital to start. In a sole proprietorship, the owner has full control over the business and is personally responsible for all its debts and obligations. The business and the owner are considered to be the same legal entity. Sole proprietorships are common in sectors such as agriculture, retail, and small-scale manufacturing in West Africa.