Our comprehensive assessment of Equatorial 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 Equatorial Guinea, as well as the latest industry developments that could impact Equatorial 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 Equatorial Guinea before your competitors.
Equatorial 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
Equatorial Guinea Industry Coverage (1)
Oil & Gas
Equatorial Guinea Oil & Gas
BMI View: Equatorial Guinea's oil output will see marginal gains in 2014 and 2015 on the back of several smaller projects. However, maturing fields and lack of new significant discoveries will continue to push down the production volumes past 2015. Nonetheless, we note an upside risk to our forecast as we have witnessed an increasing interest in West Africa's deepwater potential over the recent years.