Browsing: AfDB supports farmers in DRC

Felix Tshisekedi

Under Tshisekedi, DRC evolves into a new hub for investments in Africa

Industry and Trade
  • Since President Félix Tshisekedi took power in January 2019, DRC has been pitching and welcoming international and regional investors in Kinshasa. 
  • President Tshisekedi has struck mining and agriculture investment agreements with Chinese companies.
  • In July, UAE signed a $1.9 billion deal with a state mining firm in the DRC to develop four mines in eastern Congo. South Africa struck electric batteries deal with DRC in July, too.

Across the Democratic Republic of Congo—the second largest country in Africa—the weather is friendly, and the policymakers in Kinshasa have been steadily turning the tide, making DRC a hub for investments.

A stroll down the streets of Kinshasa, a city of over 13 million bustling with activity, heavy clouds are keeping the glare of the tropical sun at bay. The capital’s streets are busy and crowded. The traffic is congested and millions rub shoulders on the sidewalks. To my utter shock, in Kinshasa,…

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Young farmers in Uganda, DRC and Nigeria to receive support from AfDB

Business
  • Uganda, Nigeria and DRC are the latest beneficiaries of a multinational project initiated by the African Development Bank
  • The Creating Sustainable Youth MSMEs Through Urban Farming (SYMUF) project is intended to create jobs and improve livelihoods for the youth in the three African countries 
  • The initiative will support young farmers who are attracted to urban farming

The African Development Bank (AfDB) has launched a multinational project to create jobs and improve livelihoods for youth in three African countries.

The Creating Sustainable Youth MSMEs Through Urban Farming (SYMUF) initiative will support young farmers in Nigeria, the Democratic Republic of the Congo (DRC) and Uganda who are attracted to urban farming.

AfDB is partnering with a consortium of incubation centres in participating countries to implement the project.

They are the Africa Projects Development Centre (APDC) in Nigeria, the International Institute of Tropical Agriculture (IITA-Bukavu) in the DRC, and the African Agribusiness Incubation …