Our comprehensive assessment of Guinea's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Guinea, as well as the latest industry developments that could impact Guinea's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Guinea before your competitors.
Guinea Country Risk
Annual real GDP growth in Benin will average 5.0% between 2014 and 2023 as consumer spending increases and the country's political stability engenders elevated levels of fixed investment. Nevertheless, a sporadic electricity supply and reliance on cotton production will hold back the pace of economic development.
Benin's political landscape shows little sign of fragility, and will remain one of the most stable, open and accountable in West Africa in the years ahead, enjoined by a free press and a multitude of political parties. Nevertheless, the country faces challenges in the long term such as an overspill of violence from piracy and terrorist activity in the region, and the potential for tribal/ethnic schisms to open.
KEY RISKS TO OUTLK
Guinea Industry Coverage (2)
BMI View: The outlook for iron ore production in West Africa is increasingly precarious, as the collapse in global iron ore prices and outbreak of the Ebola virus coalesce to slash mining companies' revenue, limit financing options, force the evacuation of workers and disrupt supply chains.
The coalescence of a sharp downturn in global iron ore prices and the outbreak of the deadly Ebola virus will dent West Africa's growth outlook as mining companies suffer reduced revenue, difficulties in accessing finance and logistical disruption.
|Iron Ore Boom To Come Under Threat|
|Select Countries - Iron Ore Production (mnt)|
BMI View: Guinea's lack of fixed-line operator has allowed the mobile market to flourish. With steadily climbing penetration and continued growth potential, the mobile market offers the greatest returns on investment in the market. There is limited demand for fixed broadband with wireless options offering greater flexibility and good download rates. Competition for 3G services is good, although take-up remains low. Figures show that mobile data subscribers are gradually moving from 2G to 3G connections are encouraging for operators, although we believe translating that to higher spending will be the operators' main challenge over the next five years.
Mobile subscriptions will slow over 2014-2018 as operators seek growth in rural areas, which are costly to reach and offer slower returns on growth. 3G subscriptions will account...