Key Competitive Attractions
The economy of the Republic of the Congo, also known as Congo-Brazzaville, is based primarily on oil extraction.
The country also has significant mineral deposits: iron, potassium, phosphate, zinc, manganese, gold, silver and diamonds. Primary mining regions are Kouilou, Niari, Cuvette, Sangha and Likouala.
The oil sector is offshore and is dominated by foreign firms: Elf, Agip, Chevron, CMS Nomeco and Exxon Mobil.
Prior to the discovery of oil, Congo’s biggest export earner was timber. Still today, forestry generates 10% of export earnings. Agriculture is relatively under-exploited though the country continues to export coffee, palm oil, sugar, potatoes and cacao.
Assistance and Support For New Business Investors
CFE (Centre de formalites des enterprises) is the one-stop shop for investment facilitation in Congo. Services include business receptions, information on business opportunities and business registration procedures, advice and assistance.
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