Research and consulting in Comoros

Country overview:

IOA has undertaken consulting projects and carried research on a wide range of economic, political and social trends occurring in recent years on the Indian Ocean archipelago of Comoros. One finding by IOA’s analysts is that, as climate change raises ocean levels, 70% of Comoros may disappear underwater, devastating the country, decimating tourism and causing millions of migratory birds to become extinct. Comoros has had no choice but to position itself at the forefront of global warming activism. One benefit of doing so is that the archipelago has drawn attention to its own beauty and natural wonders.

IOA consultants have determined that tourism is essential in this resources-poor country where one-third of children suffer physical and mental stunting due to malnutrition. Comoros may also try to duplicate the success of Mauritius, its sister Indian Ocean island nation, in creating a strong financial sector.

Key opportunities in Comoros:

Comoros is positioning itself as having one of the world’s most visionary blue economies
Agriculture, fishing and mining are thriving sectors, and labour costs are low relative to other countries
Spices continue to be major export products, and the country is the world’s only producer of certain oils necessary for perfume manufacturing

Key concerns/risks in Comoros:

IOA analysts have determined that intense population density strains limited natural resources
Household dependency on remittances is high, and this revenue flow is vulnerable to global economic shocks
The country’s geographic position makes it one of the most climate change-vulnerable nations in the world

Find out about how IOA can help you with research and consulting services in Comoros

Tips on doing business in Comoros:

Starting a business:

Since 2014, the Comoros authorities have adopted various measures to simplify the business creation process. These include the elimination of rules around local bank deposits for business creation and reduced capital requirements overall. Local law distinguishes between urban and rural land, with only the former being accessible to investors through leaseholds

Doing business:

The country has been known to attract investments in tourism, fisheries, agriculture and energy. Since the Comoros is a small chain of islands, the country would ideally serve better as a source of a product than a destination
Lack of local skills, infrastructure, and utility access are persistent problems for business owners in this territory
(Read more at: https://beit-salam.km/investir.html)

Culture and society:

Due to the longstanding dispute between French and Comorian authorities over the status of the island of Mayotte, there is considerable anti-French sentiment
As a doctrinal Sunni Muslim country, the state prohibits the practice of the Shia branch of Islam