As one of Africa’s fast-growing economies, the Democratic Republic of the Congo remains a country that still requires significant investment and know-how to improve its economic growth. With its major exports revolving around sugar, cacao, plywood, lumber, and petroleum, potential investments in infrastructure and social welfare pave the path to future business opportunities to help develop the economy.
Organizations entering new emerging markets need to address complex legal, cultural and labour-related matters and are increasingly engaging the services of reputable partners for the purposes of outsourcing local business processes, including employment outsourcing solutions where there is a requirement to employ and payroll staff in-country. Collaborating with a specialist for the delivery of the HR outsourcing solutions required provides the ultimate peace of mind.
Africa HR Solutions manages the end-to-end Republic of the Congo HR outsourcing requirements, with legally compliant solutions that include Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and other support services, with the aim to ease our clients’ expansion into the Republic of the Congo.
Country Profile - Democratic Republic of Congo (DRC)
Population: 92.3 M
Gross Domestic Product (GDP): $53.96 B
GDP Growth: 5.7%
Inflation : 1.7%
Foreign Direct Investment (% of GDP): 3.1%
Unemployment Rate: 5.4 %
Currency: Congolese franc
Democratic Republic of Congo's Economy
The Democratic Republic of the Congo continues to experience an economic recession due to the contraction of the oil industry following a decrease in production and oil prices globally. A nation that remains primarily dependent on the extraction sector and mineral resources, the Democratic Republic of the Congo lack diversification to boost further economic growth. The government is working towards promoting economic diversification as well as infrastructural developments, which can help enhance trade integration.
Central African Republic
Democratic Republic of Congo
Republic of Congo
Sao Tome and Principe