Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Goma Food Prices Skyrocket After M23 Takeover

Goma Food Prices Skyrocket After M23 Takeover

Food prices have soared in Goma since M23 rebels and their Rwandan backers took over the town on January 26, 2025. A report by ActionAid published on February 3, indicated that essential goods, including flour, beans, and oil, have seen price increases of 18% to 160% within a week.

The road blockades, a key factor in the price surge, have disrupted food supplies to the city, nested in the eastern part of the Democratic Republic of Congo (DRC). According to ActionAid, nearly 90% of Goma's food supply comes from neighboring regions now inaccessible due to the conflict.

A resident quoted by Radio Okapi reported improvements since February 4. “Roads reopened,  and large quantities of food can come from Minova, Masisi, and Rutshuru.” The same source, however, added that household purchasing power has been diminished. “Banks are closed, several services are not operational, several shopkeepers have been looted and many residents reduced to unemployment,” the resident said.

The resulting food crisis threatens hundreds of thousands with malnutrition, with women and children at greatest risk. The World Food Programme (WFP) estimates that 4.5 million children under five and 3.7 million pregnant and breastfeeding women could suffer acute malnutrition in the next five months if things remain unchanged.

Olivier de Souza

 

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
new-gecamines-chief-faces-governance-test-under-u-s-drc-partnership
DRC President Félix Tshisekedi has appointed Baraka Kabemba as director general of state miner Gecamines, nearly three weeks after the first meeting of...
we-see-a-structural-copper-shortage-emerging-olivier-binyingo-chairman-of-kamoa-copper
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
soraya-aziz-to-lead-drc-electricity-regulator-amid-push-for-private-investment
Soraya Aziz was appointed Director General of the Democratic Republic of Congo’s Electricity Regulatory Authority (ARE), according to presidential decrees...
drc-reshuffles-leadership-at-gecamines-sakima-and-sokimo
Three state-owned mining companies in the Democratic Republic of Congo (DRC) have undergone leadership changes following presidential decrees read on...

African Economies

MOST READ

Please publish modules in offcanvas position.