DRC Government Gives Private Employment Agencies 30 Days to Comply with Labor Laws

Highlights • Minister of Employment Ferdinand Massamba wa Massamba sets 30-day deadline for compliance.• Agencies without updated authorization risk...

DRC's New Mining Minister Takes Humble Approach to Sector's Complex Challenges

Highlights: • Louis Watum Kabamba, former Gécamines engineer and ex-Ivanhoe Mines DRC chief, becomes Mining Minister with industry backing • New...

DRC Considers Adopting US Soil Technology to Halve Road Construction Costs

Rural Development Minister visits the pilot site where the American technology is used. US-developed soil stabilization technology costs...

DR Congo: Emirati Conglomerate IRH Installs Board Directors at Alphamin Resources

UAE's International Resources Holding appoints two directors to Alphamin board following 56% stake acquisition Ziad Mikhael and Salman Bhatti...

Rawbank strengthens management to better implement its 2026-2030 strategic plan

Highlights • Rawbank created a Deputy General Manager role for Business and Development, now held by Hugues Bosala, to oversee production, sales,...

New Governor of Central Bank of Congo Wants to Revamp Trust in Local Currency

New central bank governor André Wameso pledges to rehabilitate the Congolese franc. Strategy rests on stabilizing inflation, boosting demand for...

Troubled Mining Company Chemaf May Shut Down Production as Sale Talks Stall

Highlights: • Chemaf could halt copper cathode production by November after failed sale process that began in August 2023 • Company needs...

Congolese Firm Unveils Locally-Made Smart Power Meter

Highlights • Kim Engineering launches the Kim-Box, a smart electrical meter built in the DRC.• The device allows real-time monitoring of power use and...

Red Cross Appeals for $25 Million as Ebola Resurges in DRC's Kasai Province

Highlights: • Red Cross launches emergency appeal for $25M to help 965,000 people affected by Ebola resurgence in DRC's Kasai province • Outbreak...

Paymetrust Gains Central Bank Approval to Operate in DRC

Highlights: • Fintech Paymetrust approved by Congo’s central bank as aggregator on July 4. • Platform offers real-time supervision of financial flows,...

Tshisekedi Urges Calm After Kamerhe Resigns as Speaker

Highlights: • Vital Kamerhe quit as National Assembly speaker on Sept. 22 after mismanagement accusations.• President Félix Tshisekedi, speaking from New...

Ruzizi III Project: Savannah Energy About to Seal $65M Deal for 9.8% Stake

Highlights: • British energy firm Savannah Energy nears $65.4M deal to acquire 9.8% stake in Ruzizi III hydroelectric project • 206 MW power...

DRC Launches $19 Million Climate Resilience Project in Conflict-Prone Eastern Provinces

Highlights: • DRC launches $19M climate resilience project targeting 30,000 people in eastern provinces • Global Environment Facility contributes...

Trident raises $2.6 mln to back rollout of DRC’s digital ID system

Highlights • Singapore firm secures funds via PIPE transaction led by Chaince Securities.• Proceeds to support launch of DRCPass, Congo’s national e-ID...

Ivanhoe Mines secures $500 mln investment from Qatar sovereign fund

Qatar Investment Authority to acquire 4% stake in Ivanhoe Mines. Deal worth $500 mln awaits Toronto Stock Exchange approval. Funds to...

DRC Approves $8 Billion Sino-Congolese Industrial City After Delayed Negotiations

DRC Council of Ministers approves collaboration agreement for $8 billion Sino-Congolese Industrial City featuring 1,200 factories across 5,000...

ECCAS Gives DRC Second Chance After Late Commission Candidate Submissions

ECCAS gives DRC and Equatorial Guinea a second chance after candidates were rejected for late file submissions to the regional...

BUSINESS CLIMATE

Haut-Loumani: Bundwe Bridge Repaired, Traffic Resumes on National Road 1

Highlights • Traffic resumes on RN1 after Bundwe Bridge collapse halted transport for three weeks.• Chinese firm CREC-9 completed emergency repairs in...

DRC Lifts Cobalt Export Ban, Imposes Strict Quotas

Highlights: • DRC ends cobalt export ban on October 16, implementing quota system capping annual exports at 96,600 tonnes • China's CMOC faces...

DRC Customs Cracks Down on Mining Companies Over Fuel Tax Evasion Suspicions

Highlights: • DRC customs suspects mining companies of evading fuel tax reform by using subsidized domestic petroleum products • New 2025 rules end...

Diamond-Rich Kasai Province Moves to Boost Mining Tax Collection

Highlights: • Kasai province partners with the mining cadastre agency to boost surface tax collection from diamond concessions • Agreement provides...

DRC Ends Foreign Access to Small-Scale Commerce Sector

Highlights: • DRC ends moratorium allowing foreign nationals to operate in the small-scale trade sector, effective November 2025 • Move restores 1973 law...

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