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D. R. Congo

The Democratic Republic of Congo is expected to grow at an average yearly rate of 5.22% for the next 5 years according to the IMF. Congo RD was the sixth largest African exporter of manufactured goods in 2022 and the fourth most preferred destination for FDI in Sub-Sahara Africa with almost US 1.9 billion inflow in 2022. Although RD Congo is well known for its unrivalled blessings of mineral resources, there is a booming service sector set to grow at an average yearly rate above 3% for the next 5 years. Political stability efforts and a battery of economic reforms are being setting up, which could lead to significant transformation to one of the largest domestic markets in Africa, with more than 102 million people.

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D. R. Congo

D. R. Congo: The textile products market for D. R. 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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