Location of Republic of the Congo

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]

Notable firms

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.

Notable companies
     Active      State-owned      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


See also

References

  1. ^ "Congo, Republic of". EconStats. Retrieved June 11, 2009.
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