Our comprehensive assessment of Congo's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Congo, as well as the latest industry developments that could impact Congo's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Congo before your competitors.
Congo Country Risk
Annual real GDP growth in Benin will average 5.2% between 2015 and 2024 as consumer spending increases and the country's political stability engenders elevated levels of fixed investment. Nevertheless, a sporadic electricity supply and reliance on cotton production will hold back the pace of economic development.
Benin's political landscape shows little sign of fragility, and will remain one of the most stable, open and accountable in West Africa in the years ahead, enjoined by a free press and a multitude of political parties. Nevertheless, the country faces challenges in the long term such as an overspill of violence from piracy and terrorist activity in the region, and the potential for tribal/ethnic schisms to open.
Congo Country Risk
Real GDP growth will remain robust in Congo-Brazzaville over the next two years, thanks to strong production growth in the oil sector offsetting much of the impact from sustained low prices. Both the budget and current account deficits will see significant improvements over this period on the back of increasing oil production.
The decision to bring forward the date of the Republic of Congo's presidential election makes a victory for incumbent president, Denis Sassou Nguesso, all but certain.
Congo Industry Coverage (4)
BMI View: Central Africa is starting to leverage its considerable mineral wealth as mining activity expands across the region, in countries such as the DRC, Congo-Brazzaville and Cameroon. The region's considerable and largely untapped deposits and high grades are an attractive proposition for international mining group, particularly as other locations suffer falling grades and higher operating costs. We see significant potential for growth in the extraction of copper, gold, iron ore and other minerals, however, political risks and a lack of adequate infrastructure continue to present considerable challenges to operators in the region.
|Striking While The Iron (Or Copper) Is Hot|
|DRC - Gold & Copper Output|
Oil & Gas
Congo Oil & Gas
BMI View: Congo-Brazzaville's oil production and exports are expected to double by 2018 as the new production gradually comes online from a number of new fields. Risks to our forecasts lie to the upside as the lower price environment supports increased interest in the development of small, shallow water discoveries such as in Congo-Brazzaville.
BMI View: The Q1 2016 West and Central Africa report analyses latest industry, regulatory and macroeconomic developments and trends in the telecommunications market in seven countries: Cameroon, Cote d' Ivoire, the Democratic Republic of Congo (DRC), Gabon, Mali, Mauritania and Senegal. Strong growth over the past few years has resulted in more saturated markets, at least in terms of the number of mobile telephony subscriptions. However, there is considerable long term value to be gleaned from these markets and, moving towards 2019 and beyond, regional mobile operators will increasingly shift towards advanced data services to sustain and build on revenue generation. The efforts of operators will be complemented by the uptake of low-cost smartphones and mobile devices along with access to cheap and more reliable international bandwidth connectivity via submarine cables.
|Regional Markets To Show Strong...|
BMI View: Congo's mobile market contracted at the end of 2014, but BMI believes that this is primarily due to the merger of Airtel and Warid Telecom , that saw a large number of inactive prepaid subscriptions discounted. Although additional tax on mobile services in 2015 could have a negative impact on subscriber growth, BMI believes that over the forecast Congo's mobile market will grow an average 1.4% per annum.
- The mobile market contracted by 1.4% y-o-y in Q414 to 4.595mn
- The fixed-line market grew by 1.15% in FY14 as underinvestment and limited network coverage continues to hold back growth....