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Congo

The Republic of Congo is expected to grow at an average yearly rate of 3.88% for the next 5 years according to the IMF. With more than USD 34 billion of FDI stock in 2022, Congo ranks in the top 9 of African countries and first in the CEMAC region. Congo has engaged in a set of structural reforms which are set to strengthen public finance and boost the private sector output, while supporting the development of vital infrastructure. With a population of 6.1 million in 2023, the Republic of Congo has the third highest real GDP per capita in the CEMAC region.

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Congo

Congo: The textile products market for Congo is set hit 500+ Billions by 2030

From thread spinning to textile-based apparels manufacturing, the industry is projected based on current consumption trends and future income paths, to hit a total gross value added of 532 illions by 2035.

This huge growth in output is expected to generate 3 millions employment and boost fiscal revenue and could become a leading exporting sector for the Gabonese economy.

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