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...

Vietnam’s Vingroup, With DRC Partner, Details Plan for Up to 120,000 Electric Vehicles in Kinshasa

Vietnam’s Vingroup has provided further details on a planned green mobility project in Kinshasa, following a preliminary agreement signed with the city in...

Copper Nears $13,000 a Tonne in London as Supply Worries Grow

Copper prices neared $13,000 a tonne on the London Metal Exchange on Monday, climbing as much as 6.6% to $12,960, Bloomberg reported. Prices later...

DR Congo Retires 2,000 Civil Servants, Plans 30,000 a Year From 2026

The Democratic Republic of the Congo has retired 2,000 eligible civil servants as part of a plan to streamline its public administration, the ministry in...

DRC Opens Tender for 94.5-MW Hydropower Project in Haut-Lomami

The Democratic Republic of Congo’s Electricity Sector Regulatory Authority (ARE) has issued a competitive tender for a hydroelectric power project at the...

CRDB Bank Expands Into Kinshasa, DRC’s Main Banking Market

CRDB Bank Congo, the Congolese subsidiary of Tanzania’s CRDB Bank Group, has opened a branch in Kinshasa, the capital, more than two years after securing...

Congo Airways Moves Toward Restart With CNSS-Backed Aircraft

With its air operator’s certificate (AOC) set to expire in December, Congo Airways has acquired an 18-year-old Embraer E190 to retain its license. The...

DRC orders suspension of all artisanal copper-cobalt processors

The Democratic Republic of Congo has suspended the activities of all artisanal copper-cobalt mineral processing entities across the country since December...

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...

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...

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...

BUSINESS CLIMATE

DR Congo Plans Customs-Linked Vehicle Registration to Curb Plate Shortages

President Felix Tshisekedi has instructed the government to design a system to register vehicles immediately after customs clearance. The directive was...

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...

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