List of companies of the 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]

Companies based in the Republic of the Congo

Airlines

A Trans Air Congo Boeing 737-300
A Lina Congo Fokker F27 Friendship. In 2002, the airline was dissolved by the Congolese government after sustaining heavy losses and continuing to be a drain on government coffers.[2]
Defunct airlines

Banks

Energy

Food and beverage

Mining

An 8" coring tool fitted to a drilling rig at Cominco Resources' Hinda Mine Site

References

  1. "Congo, Republic of". EconStats. Retrieved June 11, 2009.
  2. "Congo Brazzaville plans a new Airline". Brazzaville: Panafrican News Agency. 14 November 2002. Retrieved 4 January 2010.
This article is issued from Wikipedia - version of the 9/25/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.