Sunday, Feb 26, 2017
DEMOCRATIC REPUBLIC OF CONGO NEWS

Great Inga Dam project

A solution to Africa’s power deficit


The Inga Dam phase I and II

The ambitious Great Inga Dam project on the Congo River, has the potential to generate 42,000 MW, enough electricity to power DRC and much of the continent.... Feb 13, 2017

Energy | Africa | Democratic Republic of Congo


Transparency in Mining

Better governance of vast mineral resources drives new prosperity


Lofoï Mine in North Katanga

The government in recent years has stepped up its efforts to bring greater transparency to the mining industry to help drive prosperity and attract more... Oct 24, 2016

Mining | Africa | Democratic Republic of Congo


Construction & Infrastructure in the DRC

PPP scheme accelerates implementation of large infrastructure projects


Fridolin Kasweshi Musoka, Minister of Infrastructure, Public Works and Reconstruction

Business opportunities in the construction industry and infrastructure are in the form of partnerships, technology transfer, support and training. Infrastructure... Oct 18, 2016

Infrastructure | Africa | Democratic Republic of Congo


Interconnected DRC

Transport and infrastructure, drivers of growth and connectivity


One of the 38 acquired new wagons

The government is working on five transportation modes: sea, lake and river, rail, road and air. Through interconnection, DRC aims to establish a unified... Oct 10, 2016

Infrastructure | Transport | Africa | Democratic Republic of Congo


DRC Connectivity

ICT to form backbone of modern, digitalised economy


Thomas Luhaka, Deputy Prime Minister and Minister of Posts, Telecommunications and New Information and Communication Technologies

The government has launched an important project for the construction of a large fibre-optic national network. In the next five years, they plan to deploy... Oct 04, 2016

Telecoms & ICT | Africa | Democratic Republic of Congo


Socioeconomic Development in DRC

Job creation and social inclusion at the top of government agenda


INPP students in a training program

With the help of international partners such as the World Bank and the African Development Bank, the government is implementing strategies to boost the... Sep 27, 2016

Government | Africa | Democratic Republic of Congo


Congolese Economy

Government reforms and efforts start to bear fruit


Left: Georges Wembi Loambo, Minister of Planning | Right: Modeste Bahati Lukwebo, Minister of National Economy

The performance of the Congolese economy is the result of well thought-out economic policies, executed wisely to mitigate the effects of inflation and... Sep 22, 2016

Finance | Africa | Democratic Republic of Congo


Security in DRC

Peace and stability foster growth


Evariste Boshab, Deputy Prime Minister and Minister of Interior and Security

The government, through the Armed Forces of the DRC, has regained security in the east of the country, with the neutralisation of rebel groups. Advances... Sep 18, 2016

Government | Africa | Democratic Republic of Congo


Socioeconomic Development

Actions speak louder than words


Joseph Kabila Kabange, President of the Democratic Republic of Congo

The numerous programmes and reforms implemented by the government have led to significant and substantial socioeconomic progress. With projected GDP growth... Sep 14, 2016

Government | Africa | Democratic Republic of Congo


Africa - ‘one of the few bright spots on the global economic horizon’

UK investors eye up the continent’s burgeoning opportunities




Investor and philanthropist George Soros has described Africa as ‘one of the few bright spots on the global economic horizon’, while consultants... Feb 27, 2016

Finance | Others | Africa | Democratic Republic of Congo | Angola | Mozambique | Zambia


Human Development in the DRC

DR Congo rises in human development ranking


In the DRC, the need to generate employment, particularly for young people and women, continues to be acute

The Democratic Republic of Congo has moved up 11 places in the global ranking of human development by the United Nations Development Programme (UNDP),... Jan 08, 2016

Government | Others | Africa | Democratic Republic of Congo


Governor plants entrepreneurial seeds of growth

Jean Claude Kazembe Musonda
Governor of Haut Katanga Province

Haut Katanga province is intrinsically linked to DRC’s mining industry, but the lack... Jan 16, 2017


Experienced trader targets DRC’s middle class

Robby Israel
General Manager of Hasson Africa

Having been operating in DRC since 1936, Hasson Africa has become a reference point in the... Jan 16, 2017


Partnership potential runs deep

Athanase Mwamba
General Manager of Cominiere

Renowned for its mining potential and looking to diversify away from its reliance on copper,... Sep 29, 2016


Marked progress highlights potential in Kongo Central

Jacques Mbadu
Governor of Kongo Central Province

Governor Jacques Mbadu explains the socioeconomic revitalization of Kongo Central Province... Sep 21, 2016


‘Coherence & efficiency’ define new energy approach

Bruno Kapandji Kalala
Project Director for the ADPI

Efforts in the DRC are redoubling to make the country’s long-delayed vision of building... Sep 20, 2016


United efforts bring peace, trust

Julien Paluku Kahongya
Governor of North Kivu Province

Julien Paluku Kahongya, Governor of DRC’s North Kivu Province, details the great lengths... Sep 15, 2016


From darkness to brightness

Filip Vanhoutte
General Manager of Special Techniques Company (STS)

Filip Vanhoutte, General Manager of Special Techniques Company (STS), invites greater competition... Aug 31, 2016


A long-term asset for DRC’s economy

Ibrahim Issaoui
CEO of Socimex Group

CEO Ibrahim Issaoui tells us about Socimex’s impressive track-record in creating value... Aug 29, 2016


Unlocking potential

Silvestre Ilunga Ilukamba
General Manager of the National Railway Company of Congo (SNCC)

GM Silvestre Ilunga Ilukamba gives us a fantastic radiography of DRC’s needs and opportunities... Aug 26, 2016


$1bn partners could turn DR Congo's wealth of potential into reality

Jean Kimbembe Mazunga
General Manager of the National Transport & Ports Company (SCTP)

Mobility in Democratic Republic of Congo is one of the most important challenges for the... Aug 18, 2016


INSS records big impact on social welfare

Agnès Mwad Nawej
General Manager of the National Institute for Social Security (INSS)

Substantial gains are being achieved in DRC’s social security system, thanks to the... Aug 15, 2016


DRC’s key partner in infrastructure set to become regional reference

Charles Ilunga Mwamba
General Manager of the Congolese Agency for Civil Engineering (ACGT)

The DRC is involved in a vast modernization and reconstruction of its infrastructure, and... Jul 13, 2016


CVM clears the way for maritime trade

Yengo ki Ngimbi
CEO of the Congolaise des Voies Maritimes (CVM)

Charged with the difficult task of keeping the Congo River and the river ports of Boma and... Apr 19, 2016


Regional expansion plans for DRC’s new flag carrier

Claude Kirongozi Ichalanga
Managing Director of Congo Airways

Mobility within the country is one of the most important challenges the DR Congo’s... Apr 01, 2016


More PPPs to bridge huge infrastructure gap

Fridolin Kasweshi Musoka
Minister of Infrastructure, Public Works & Reconstruction

The DRC government has prioritized the modernization and reconstruction of the country’s... Mar 04, 2016


Successful reforms instill new belief in DRC economy

Augustin Matata Ponyo
Prime Minister of the Democratic Republic of Congo

High growth in the Democratic Republic of Congo (DRC) over the past decade has been largely... Dec 02, 2015



LOCATION:

Central Africa, northeast of Angola



MAP REFERENCES:

Africa



AREA:

total: 2,344,858 sq km



CLIMATE:

tropical; hot and humid in equatorial river basin; cooler and drier in southern highlands; cooler and wetter in eastern highlands; north of Equator - wet season (April to October), dry season (December to February); south of Equator - wet season (November to March), dry season (April to October)



TERRAIN:

vast central basin is a low-lying plateau; mountains in east



NATURAL RESOURCES:

cobalt, copper, niobium, tantalum, petroleum, industrial and gem diamonds, gold, silver, zinc, manganese, tin, uranium, coal, hydropower, timber



ETHNIC GROUPS:

over 200 African ethnic groups of which the majority are Bantu; the four largest tribes - Mongo, Luba, Kongo (all Bantu), and the Mangbetu-Azande (Hamitic) make up about 45% of the population



LANGUAGES:

French (official), Lingala (a lingua franca trade language), Kingwana (a dialect of Kiswahili or Swahili), Kikongo, Tshiluba



RELIGIONS:

Roman Catholic 50%, Protestant 20%, Kimbanguist 10%, Muslim 10%, other (includes syncretic sects and indigenous beliefs) 10%



POPULATION:

79,375,136



INDEPENDENCE:

30 June 1960 (from Belgium)



NATIONAL HOLIDAY:

Independence Day, 30 June (1960)



CONSTITUTION:

several previous; latest adopted 13 May 2005, approved by referendum 18-19 December 2005, promulgated 18 February 2006; amended 2011 (2015)



LEGAL SYSTEM:

civil law system primarily based on Belgian law, but also customary, and tribal law



GDP - real growth rate:

9.2% (2014 est.)

8.5% (2013 est.)

7.1% (2012 est.)



GDP - composition, by sector of origin:

agriculture: 21.2%

industry: 33.2%

services: 45.7% (2014 est.)



AGRICULTURE - products:

coffee, sugar, palm oil, rubber, tea, cotton, cocoa, quinine, cassava (manioc, tapioca), bananas, plantains, peanuts, root crops, corn, fruits; wood products



INDUSTRIES:

mining (copper, cobalt, gold, diamonds, coltan, zinc, tin, tungsten), mineral processing, consumer products (textiles, plastics, footwear, cigarettes), metal products, processed foods and beverages, timber, cement, commercial ship repair



EXPORTS:

$12.98 billion (2014 est.)



EXPORTS - commodities:

diamonds, copper, gold, cobalt, wood products, crude oil, coffee



EXPORTS - partners:

China 39.3%, Zambia 24.7%, Italy 8.6%, Belgium 4.4% (2014)



IMPORTS:

$11.98 billion (2014 est.)



IMPORTS - commodities:

foodstuffs, mining and other machinery, transport equipment, fuels



IMPORTS - partners:

China 19.6%, South Africa 17.9%, Zambia 15.9%, Belgium 6.1%, Zimbabwe 4.9% (2014)



COUNTRY REPORTS




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OUTSTANDING COMPANIES

National Railroad Company of DR Congo (SNCC)

SNCC, formerly known as SNCZ (Zaire National Railway...

Kongo Central Province

Background Kongo Central, previously called Bas-Congo,...

Special Techniques Company (STS)

Business Description The Société de...




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