Covid-19 has had economic impacts across the DRC. Restrictions on business operations, disruption at international borders and lower demand for key exports in the first half of 2020 have all negatively affected growth, employment and debt levels. Today, in the third quarter of the Covid-19 crisis, the situation is still evolving. Announcements of rising cases in December forced the government to impose renewed restrictions to try and curb a possible second wave of the virus. In light of these developments, this study investigates how the pandemic is impacting companies across the country. Data and analysis—complemented by direct inputs from business leaders—provide insight into how the government and other stakeholders can best support businesses at this time.
This study aims to track how COVID-19 is impacting companies across the country. Through data and analysis—complemented by direct input from business leaders—this study provides insight into how the government and other stakeholders can best support businesses at this time.
Currently, 65% businesses in the DRC are experiencing delays or disruptions in their supply chains, and 65% have seen a large fall in revenue compared to this period last year. As a result, almost one third of business leaders reported employing fewer people on permanent contracts than at the same point in 2019. Only 4% of respondents felt their business did not need government support to help them weather these economic headwinds but currently only 2% are actually receiving any.
This project is undertaken jointly by ELAN RDC and the Fédération des Entreprises du Congo (FEC). The survey programme will be run over the 8 months - speaking to ~200 businesses - on a regular basis from July 2020 to February 2021 to understand their evolving challenges and what support they require.
Results from the latest iteration of the survey, completed between 7th and 18th December are below. Time series data from all iterations so far is available to download above. The team has also comprised a briefing on the support available and recommended additional actions available to view above.
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