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
The Republic of Congo will receive a boost to real GDP growth in 2016 due to a surge in crude oil production and stabilisation of the Central African franc thanks to its peg to the euro. However, a weak outlook for oil prices will weigh on fiscal revenues for the foreseeable future. President Denis Sassou-Nguesso of the Republic of Congo will press on with planned changes to the country's constitution that will allow him to run for a third term in the 2016 election. Despite a high degree of popular resistance to this move, he will be successful in securing a victory in 2016.
Indicator 2014e ...
The Republic of Congo will receive a boost to real GDP growth in 2016 due to a surge in crude oil production and stabilisation of the Central African franc thanks to its peg to the euro. However, a weak outlook for oil prices will weigh on fiscal revenues for the foreseeable future.
President Denis Sassou-Nguesso of the Republic of Congo will press on with planned changes to the country's constitution that will allow him to run for a third term in the 2016 election. Despite a high degree of popular resistance to this move, he will be successful in securing a victory in 2016.
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 BMI Q3 2015 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 decade will inevitably lead to more saturated market dynamics towards 2019 and beyond as 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. Nevertheless, 3G and 4G shares will remain relatively low than more advanced Middle-Eastern countries.
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....