Our comprehensive assessment of Guinea's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Guinea, as well as the latest industry developments that could impact Guinea'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 Guinea before your competitors.
Guinea 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.
Guinea Industry Coverage (2)
BMI View: West Africa's growth outlook will weaken on the back of continued mineral price weakness, inadequate infrastructure and the aftermath of the Ebola outbreak over the coming quarters. The region's long-term growth outlook remains promising due to countries' vast untapped mineral reserves, positive foreign investment outlook and infrastructure developments.
BMI View: The Guinean mobile market has displayed impressive growth in 2014 expanding nearly 30% year-on-year, but BMI believes that instability in the political and economical landscape will hamper growth of both mobile and fixed-line markets in the short-term. The deadly Ebola virus is still ravaging the country and BMI country risk team believes there to be sporadic violent outbreaks leading up to the elections in October 2015. This is likely to erode economic growth and consumer spending. MTN and Orange are expanding their 3G networks, but BMI believes that that the uptake of 3G services too will be held back by the weak macroeconomic environment.