Business in Congo

The objectives of the subject “International Trade and Business in the Congo”: are the following:

1. To analyze the Congolese Economy and Global Trade
2. To know the business opportunities in the Congo
3. To explore the trade relations of the Republic of the Congo with the country of the student
4. To know the Congolese Trade Agreements
5. To develop a business plan for the Congolese market

The Subject “Foreign Trade and Business in the Congo” belongs to the following Online Programs taught by EENI Global Business School:

Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport.

Doctorate: African Business, World Trade.

Business in Central Africa.

Languages: or Congo Congo Congo.

1. Credits of the subject “Doing Business in the Congo”: 1
2. Duration: one week

The Republic of the Congo's Preferential Trade Agreements:

1. The Republic of the Congo and the Central African Economic Area
2. CEEAC
3. Central African Economic and Monetary Community (CEMAC)
4. African Continental Free-Trade Area
5. Conference on the Great Lakes
6. OHADA
7. Africa-EU Partnership
8. AGOA

1. WTO
   1. GATS
   2. Agreement on the Application of Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. Rotterdam Rules

1. Economic Commission for Africa
2. African Union
   1. AU Convention on Preventing and Combating Corruption
   2. AUDA-NEPAD
3. African Development Bank
4. Africa-Asia Partnership
5. Africa-India Cooperation
6. Africa-BRICS
7. Africa-Turkey Partnership
8. Africa-Korea Partnership
9. Afro-Arab Cooperation
10. BADEA

Global Organizations. The Republic of the Congo is a member of...

1. UN
2. WB
3. WTO
4. IMF

The Republic of the Congo is a developing country included in the heavily indebted poor countries initiative.

1. Agriculture is the main economic activity of the Republic of the Congo
2. Congolese languages: French, Lingala, and Kikongo
3. The main cities in Congo are Brazzaville (Capital, 2 million people), Pointe-Noire  (economic capital, 500,000 people), Nkayi, and Dolisie
4. The borders of the Republic of the Congo are Cameroon, the Central African Republic, Angola, the DR Congo, and Gabon
5. Independence of the Republic of the Congo: 1960 (from France)
6. Area of the Republic of the Congo: 341,821 km²
7. Congolese population: 4,012,809
   1. Bantu
8. The Departments of the Republic of the Congo are Likouala (Impfondo), Sangha (Ouesso), Cuvette Ouest (Ewo), bowl (Owando), Plateaux (Djambala), Pool (Kinkala), Bouenza (Madingou), Lekoumou (Sibiti), Niari (Dolisie) Kouilou (Pointe-Noire), and Brazzaville

More information: The Republic of the Congo (EENI African Business Portal).

Religion in the Congo:

1. Christianity (50%): Catholicism (1.8 million) and Protestants (Methodists: 2 million)
2. African Traditional Religions (48%)
3. Islam (2%)

The Republic of the Congo belongs to the Central African Economic Area.

Economy of the Republic of the Congo:

1. The economic efficiency of the Republic of the Congo (Africa) owes a great deal to the increase of the Congolese petroleum production (115 million barrels)
2. Fiscal reform and debt relief obtained under the Heavily Indebted Poor Countries Initiative
3. Top economic sectors of the Republic of the Congo: agriculture, Petrol, and services
   1. Petrol (the fourth African producer), wood, manganese, natural gas, gold, iron, diamonds, copper, potassium, and zinc
4. Petroleum production: 10 to 15 million tones annually. The Congolese reserves remain relevant
5. Hydroelectric Potential: 2,500 megawatts
6. The largest potash producer in Africa. Potash reserves: 800 billion tones
7. Iron: 1 billion tones
8. Congolese gas reserves: 120 billion m3
9. Gold Fields in operation: 100 t/year over 30 years
10. Top Congolese trade partners: The U.S., France, China, India, the Emirates, and South Korea
11. Top Congolese exports are petrol, timber, minerals, copper, precious stones
12. Port of Pointe-Noire: the only Central African deep-sea port

The Republic of the Congo has many advantages and offers many business opportunities. The preferred sectors for the foreign direct investment are:
- Agriculture, livestock, and fisheries
- Building and public works
- Forests
- Mining
- Energy
- Industry
- Tourism and hospitality
- Telecommunications
- Health and housing
- Education
- Banks, insurance, and microfinance
- Services
- Real Estate.

(c) EENI Global Business School (1995-2023)
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