The Republic of the Congo is a country located in Central Africa. It is bordered by Gabon, Cameroon, the Central African Republic, the Democratic Republic of the Congo and the Angolan exclave of Cabinda. In the early 1980s, rapidly rising oil revenues enabled the government to finance large-scale development projects with GDP growth averaging 5% annually, one of the highest rates in Africa. The government has mortgaged a substantial portion of its petroleum earnings, contributing to a shortage of revenues. The January 12, 1994 devaluation of Franc Zone currencies by 50% resulted in inflation of 46% in 1994, but inflation has subsided since. [1]
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Aéro-Service | Consumer services | Airlines | Pointe-Noire | 1967 | Airline |
Canadian Airways Congo | Consumer services | Airlines | Brazzaville | 2004 | Airline |
Development Bank of the Central African States | Financials | Banks | Brazzaville | 1975 | Development bank |
Equaflight | Consumer services | Airlines | Pointe-Noire | 1998 | Airline |
Equatorial Congo Airlines | Consumer services | Airlines | Brazzaville | 2011 | Airline, defunct 2016 |
Lina Congo | Consumer services | Airlines | Pointe-Noire | 1961 | Airline, defunct 2002 |
Mistral Aviation | Consumer services | Airlines | Brazzaville | 2006 | Airline |
Société Nationale des Pétroles du Congo | Oil & gas | Exploration & production | Pointe-Noire | 1998 | State oil & gas |
Trans Air Congo | Consumer services | Airlines | Pointe-Noire | 1994 | Airline |
Warid Congo | Telecommunications | Mobile telecommunications | Brazzaville | 2008 | GSM mobile provider |
The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6-7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves.
The Central African Republic is a landlocked country in Central Africa. It is bordered by Chad to the north, Sudan to the northeast, South Sudan to the southeast, the DR Congo to the south, the Republic of the Congo to the southwest, and Cameroon to the west.
The economy of the Central African Republic is one of the world's least developed, with an estimated annual per capita income of just $805 as measured by purchasing power parity in 2019.
The economy of the Democratic Republic of the Congo has declined drastically since the mid-1980s, despite being home to vast potential in natural resources and mineral wealth.
The economy of the Republic of the Congo is a mixture of subsistence hunting and agriculture, an industrial sector based largely on petroleum extraction and support services. Government spending is characterized by budget problems and overstaffing. Petroleum has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. Nowadays the Republic of the Congo is increasingly converting natural gas to electricity rather than burning it, greatly improving energy prospects.
Kinshasa, formerly Léopoldville, is the capital and the largest city of the Democratic Republic of the Congo, and largest francophone city in the world.
The Democratic Republic of the Congo, also known as Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly Zaire, is a country in Central Africa. It is, by area, the second largest country in Africa, and the 11th-largest in the world. With a population of around 92 million, the Democratic Republic of the Congo is the most populous officially Francophone country in the world. It is a member of the United Nations, Non-Aligned Movement, African Union, and COMESA. Since 2015, the Eastern DR Congo has been the site of an ongoing military conflict in Kivu. The capital and largest city is Kinshasa, which is also the world's most populous Francophone city.
The Congo Basin is the sedimentary basin of the Congo River. The Congo Basin is located in Central Africa, in a region known as west equatorial Africa. The Congo Basin region is sometimes known simply as the Congo. It contains some of the largest tropical rainforests in the world and is an important source of water used in agriculture and energy generation.
The Extractive Industries Transparency Initiative (EITI) is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance issues in the extractive sectors.
The Economic Community of Central African States is an Economic Community of the African Union for promotion of regional economic co-operation in Central Africa. It "aims to achieve collective autonomy, raise the standard of living of its populations and maintain economic stability through harmonious cooperation".
The mining industry of the Democratic Republic of the Congo plays a significant role in the world's supply of cobalt, copper, diamond, tantalum, tin, gold and produces over 70% of globally produced cobalt. It is the Democratic Republic of the Congo's largest source of export income.
The Economic History of Zimbabwe began with the transition to majority rule in 1980 and Britain's ceremonial granting of independence. The new government under Prime Minister Robert Mugabe promoted socialism, partially relying on international aid. The new regime inherited one of the most structurally developed economies and effective state systems in Africa. In 2000, the government imposed a land reform program to seize white-owned farms which caused the economy to shrink along with mismanagement, corruption and political instability.
The following outline is provided as an overview of and topical guide to the Democratic Republic of the Congo:
The following outline is provided as an overview of and topical guide to the Republic of the Congo:
The Republic of the Congo, also known as Congo-Brazzaville, the Congo Republic or simply either Congo or the Congo, is a country located in the western coast of Central Africa. The country is bordered to the west by Gabon, to its northwest by Cameroon and its northeast by the Central African Republic, to the southeast by the DR Congo, to its south by the Angolan exclave of Cabinda and to its southwest by the Atlantic Ocean. French is the official language of the Republic of the Congo.
Oil and gas dominate the extraction industries of the Republic of the Congo, also referred to as Congo-Brazzaville. The petroleum industry accounted for 89% of the country’s exports in 2010. Among African crude oil producers in 2010, The Congo ranked seventh. Nearly all of the country's hydrocarbons were produced off-shore. The minerals sector is administered by the Department of Mines and Geology. Presently no major mining activities are underway, although there are some small-scale domestic operations. However, the country does have numerous large-scale undeveloped resources. The country has recently attracted a strong influx of international companies seeking to tap into the vast mineral wealth.
Poverty is widespread and unchecked across the 26 provinces of the Democratic Republic of the Congo (DRC). Despite being the second-largest country in Africa, with an approximate area of 2.3 million square kilometres (890,000 sq mi), and being endowed with rich natural resources, the DRC is the second-poorest country in the world. The average annual income is only $785 US dollars. In 2019, the United Nations (UN) Human Development Index (HDI) ranked the DRC as the 175th least-developed country out of 189 countries with an HDI of 0.480. More than 80% of Congolese people live on less than $1.25 a day, defined as the threshold for extreme poverty.