The Congo in brief

Central African country, the Republic of Congo is crossed therein by Ecuador. Also called Congo - Brazzaville, the country stands out with low densities, with an average of 8.8 inhabitants / km² and a population to 62.2% urban. It is concentrated in the two main cities of Brazzaville and Pointe-Noire, both located in the southern part of the country.
Surrounded by Gabon, Cameroon, Central African Republic, the Democratic Republic of Congo and Cabinda (Angola), Congo, composed of 12 departments, has a coastline on the Atlantic and a coastline of 169 km .

This configuration allows the Congo to develop an intense port activity. Activity all the more legitimate as the Congo River, the second river in the world by average flow after the Amazon, enabling it to maintain a constant liaison with the DRC and the Central African Republic. Beyond the economic aspect, the ocean and the river contribute to the geographical richness of Congo. This is all the more remarkable that two thirds of the territory is covered by rainforest, making it the fifth country in the world by the proportion of forest cover.
Thus, the plain savannah Niari flooded forests of the north and the Congo River to the Atlantic coast through the steep, forested mountains Mayombe, Congo offers a wide range of rich and varied landscapes. Variety equally stunning in terms of culture since the presence of numerous ethnic groups and various political structures once (Kongo Empire, Kingdom of Loango kingdom Teke, Northern chiefdoms) gives the country a great cultural and artistic diversity.


Socio-economic data:

Official Language: English
Area: 342 000 km²
Population: 3,847,191 habitants
Capital: Brazzaville
Economic capital and the port city Pointe-Noire
Currency: CFA
Rail network: 795 km
GDP (in billions of CFA francs): 4 648.9 in 2008
Non-oil GDP (billion F.CFA): 1 797.9 in 2008
GDP per Capita (US $) 2 854.9 in 2008
CEMAC member countries
Code: +242



 

Key economic and financial indicators

2007
2008
2009 (estimation)
GDP growth rate (%)
2.5
5.2
6.8
Inflation (consumer prices) (in %)
2.5
5.3
4.4
GDP / Habition (in USD)
2135.15
2854.9 2349.8


Main products of the Republic of Congo

2007
2008
2009 (estimation)
Crude oil production (million de tons)
11.0
11.7
13.7
Crude oil Exports (million d e tons)
10.3
11.1
12.9
Price Congolese barrel (in USD)
71.1
97.0 62.0
Tropical timber production and semi works (in thousand m3)
1679.4 1343.5 671.8
Exports of tropical timber and semi works (in thousand m3) 748.2 1081.4
962.7
Export price (in thousand XAF/m3
165.0 165.5 163.7
Eucalyptus logs production (thousand tons)
248.6
263.0
219.0
Export of eucalyptus logs (thousand tons) 263.7
216.1 175.2
Export price (thousand XAF/ton)
20.2
17.5
47.8
Sugar production (thousand tons)
56.2
67.4 70.0
Sugar exports (thousand tons)
30.5
37.6 40.5
Export price (XAF/kg)
276.4
338.8
316.0

(Source: BEAC, Congo Portal site)

 

UNDERTAKE IN CONGO


The Congo has embarked in recent years in an intense development process. Aware that the company is the first growth factor, the country intends to attract the interest of foreign and local investors by facilitating business creation procedures.
However, for any new investor, UNICONGO is vital platform of Congolese corporate world. Powerhouse of companies, the Congolese employers' association works for the economic and social development of the country and supports all initiatives in this direction.

CONGO AND CEMAC

The Economic and Monetary Community of Central Africa, CEMAC aims to:

  • the development of geographical and human solidarity of the people of the State Members
  • promotion of national markets through the elimination of barriers to intra-Community trade
  • the creation of an African common market.


The ambition of this organization is to promote harmonious development of the State Members as part of both economic and monetary union. It is thus composed of four main and autonomous institutions that act in concert in making this determination:

  • Economic Union of Central Africa
  • Monetary Union of Central Africa,
  • The Community Court of Justice,
  • the Community Parliament.


Congo, concerned about its development and that of its neighbors, is a signatory alongside Gabon, Chad, Central African Republic, Equatorial Guinea and Cameroon in the CEMAC pact and thus will:
- Maintain and preserve a climate of peace and security within the community, between the Member States and within each State;
- Ensure solidarity and mutual assistance between states in case of external aggression or serious disturbance inside;
- Define the conditions and mechanisms of solidarity and assistance between Member States in case of aggression or severe unrest.

 

CONGO AND OHADA

The Organization for the Harmonization of Business Law in Africa (OHADA) has as main objective to overcome the legal and judicial insecurity in the State Parties. This requires harmonization of legal frameworks and judicial and legal security of economic activities.
In order to maintain investor confidence and facilitate trade between the Parties, Congo engages in the following objectives:
• Participate in the establishment of common rules for each State Party, simple, modern and adapted to the economic situation;
• Promote arbitration as fast and discreet instrument of commercial disputes;
• Improve training of judges and court officials;
• Prepare regional economic integration.

 

 

 

CONGO AND AFRICAN UNION

Promote democracy, human rights and development, such are the ambitions of the African Union. Achieving these pass naturally through increased foreign investment but also by the commitment of the member countries of the Union.
In its efforts to achieve sustainable development, Congo therefore supports various programs of CEMAC and particularly in the New Partnership for Africa's Development (NEPAD) and the establishment of a central bank for development.

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