Congo

Congo Economic Outlook

  • After rebounding to about 6% in 2014, growth fell back to 1.2% in 2015 but should reach 4.2% in 2016, though prospects could be affected by persistent low prices for oil.
  • The speed and range of structural reform and of the diversification of the economy are still not enough to improve significantly the country’s social indicators and to achieve the Millennium Development Goals.
  • Despite great potential, urban areas are not yet driving economic structural transformation and the national urban strategy still has to be developed to tackle the problems of rapid urban growth.

Contacts

Department Central Africa Region

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51