drc-felix-tshisekedi-says-economy-withstood-wartime-turmoil

DRC: Félix Tshisekedi Says Economy Withstood Wartime Turmoil

Inflation dropped from 11.7% to 2.5% and the franc appreciated 29% against the dollar. International reserves reached $7.4 billion, equal to three...

mohamed-cherif-takes-over-afdb-drc-office-with-mandate-to-speed-up-projects

Mohamed Chérif Takes Over AfDB DRC Office With Mandate to Speed Up Projects

Mohamed Chérif is the new African Development Bank (AfDB) country manager for the Democratic Republic of Congo. Although the Bank has not yet formally...

gecamines-looks-to-replicate-morocco-s-ocp-model-to-enter-battery-chemical-sector

Gécamines Looks to Replicate Morocco’s OCP Model to Enter Battery-Chemical Sector

Guy-Robert Lukama, who has chaired the board of Gécamines since February 2023, is advancing an ambitious strategy for the state-owned mining company. He...

EU’s von der Leyen Highlights Clean Energy Push, Green Corridor Plan in the DRC

European Commission President Ursula von der Leyen has outlined the European Union's priorities in the Democratic Republic of Congo, with clean energy...

Justice Minister Guillaume Ngefa Targets Military, Foreigners in Illegal Mining Sweep

Democratic Republic of Congo (DRC) Justice Minister Guillaume Ngefa has ordered prosecutors to take legal action against those involved in illegal mining...

Albert Zeufack Urges National Priority on Job Creation in DR Congo

Marking the International Day for the Eradication of Poverty, Albert Zeufack, the World Bank’s Country Operations Director for the Democratic Republic of...

Rome Resources explores copper mining potential at Bisie North in the DRC

Company is assessing the economic viability of copper at Bisie North Ongoing metallurgical tests target copper zones above tin...

Kinshasa expansion project set to break ground in Q1 2026

Works at the Maluku site are scheduled to start in early 2026 Project includes a $12 billion Sino-Congolese industrial city A €133 million hospital...

DR Congo and Congo seal 30 MW electricity-sharing agreement

The Democratic Republic of Congo and the Republic of Congo signed an agreement on December 20, 2025, to share up to 30 MW of electricity. The contract was...

IMF releases $442mln to DR Congo after program reviews

The International Monetary Fund (IMF) said its Executive Board has approved the immediate disbursement of $442.4 million to the Democratic Republic of...

Cimentkat teams up with PPC Barnet to restart limestone mining in Lubudi

The first limestone extraction blast under Project Albatros took place in December 2025 in Lubudi, in the Lualaba province. The project results from a...

Germany commits €161mln to key infrastructure and security projects in DR Congo

Germany plans to commit €161 million, or about $189 million at current exchange rates, to technical and financial cooperation projects in the Democratic...

DR Congo moves to tighten electricity levy collection in Kinshasa

The Democratic Republic of Congo has taken steps to strengthen the collection of the electricity consumption levy, following the signing of a memorandum...

DR Congo launches World Bank-backed infrastructure projects in North Kivu

Authorities in North Kivu launched several basic socio-economic infrastructure projects on December 18 in Beni, under the Stabilization and Recovery...

Chinese Miner CMOC Outlines Plan for $8 Billion Investment in DRC

Chinese mining group CMOC plans to raise its total investment in the Democratic Republic of Congo to $8 billion, the Ministry of Mines said. The plan...

Airtel To Roll Out Starlink Direct-To-Cell Connectivity In 2026

Airtel Africa said on Tuesday it signed a new partnership with SpaceX to roll out Starlink Direct-to-Cell technology, enabling satellite-to-smartphone...

DR Congo Suspends New Mining Applications As It Overhauls Cadastre

The Mining Registry (CAMI) of the Democratic Republic of Congo has suspended new applications for mining and quarry exploration rights, effective Dec. 17,...

BUSINESS CLIMATE

DR Congo central bank presses money transfer firms to use local currency

The Central Bank of Congo (BCC) has reminded money transfer operators in the Democratic Republic of Congo of their obligation to allow clients to carry...

DR Congo Begins Review of 2018 Public-Private Partnership Law

The Democratic Republic of Congo has begun a review of its 2018 law governing public-private partnerships (PPPs), as the government seeks to bring the...

DR Congo Rejects Business Calls to Delay Standardized Invoicing Rollout

Democratic Republic of Congo Finance Minister Doudou Fwamba has rejected calls from the Federation of Businesses of the Congo (FEC) to delay the mandatory...

Central Bank BCC Tightens Oversight of Exchange and Money Transfer Firms

The Central Bank of the Congo (BCC) launched a review of its register of non-bank financial intermediaries operating in the Democratic Republic of Congo...

Business Group FEC Challenges Freight Road Safety Levies in Mining Provinces

The Federation of Businesses of the Congo (FEC) is challenging the legality of levies imposed by the National Road Safety Commission (CNPR) on goods...

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