Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DR Congo: FAO Forecasts Grain Output at 3.9 Million Tonnes in 2024

DR Congo: FAO Forecasts Grain Output at 3.9 Million Tonnes in 2024

The Democratic Republic of Congo (DRC) should produce 3.9 million tonnes of cereal this year, up 3.2% from last year. The United Nations Food and Agriculture Organization (FAO) disclosed the forecast in a report issued on November 8.

In detail, rice production is projected at 1.6 million tonnes, while stocks of other cereals, including maize, sorghum, and millet, are expected to total 2.3 million tonnes.

While the forecast is promising, the projected output will not be enough to meet domestic demand. The FAO estimates the country must import 770,000 tonnes of cereals in 2024 to meet this demand, against 745,200 tonnes in 2023. According to the UN body, the country remains one of the most food-insecure nations in Africa and Central Africa.

According to the latest analysis from the Integrated Food Security Phase Classification (IPC), approximately 25.6 million people—about 22% of the population—are projected to be acutely food insecure between July and December 2024.

It is worth noting that this year’s grain output forecast compares with a five-year average of around 3.8 million tonnes.

 

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
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...

African Economies

MOST READ

Please publish modules in offcanvas position.