Browsing: Congolese population in DRC

DRC-UAE mining deal

DRC enters new mining pact with UAE

Industry and Trade

DRC President Félix Tshisekedi has announced the signing of a mining deal with the United Arab Emirates (UAE). Many other companies have shied away from the troubled Eastern region. However, the UAE company Primera Group has signed a share deal for export rights of minerals mined in the region.…

DRC President Felix Tshisekedi (pictured), reassures investors through ANAPI, the DRC investment portal, the country is safe and open for business. The statement comes in the wake of a recent extraordinary summit of the EAC Heads of State that resolved for an immediate cease-fire by all parties. Photo/Reuters

DRC reassures investors while Rwanda remains critical of US statement

Countries
  • DRC, through its investment portal ANAPI reassures investors
  • Rwanda slams US statement saying it undermines regional peace process
  • EAC Heads of State order immediate cease fire in Rwanda-DRC conflict

Rwanda should stop supporting the rebel group and withdraw its soldiers from the DRC, the US State Department has said in an official statement.

This US call for Rwanda to ‘cease and desist’ aiding rebel groups and to also recall its troops from the DRC is the latest effort by the international community to intervene in the protracted dispute between the two countries.

The US says Rwanda’s alleged aid to rebel factions in the DRC is undermining the regional peace process.

The statement comes only days after the East African Community (EAC) Heads of State met in the Burundi capital of Bujumbura. The meeting was an Extra-Ordinary Summit held to evaluate the “Security Situation in the Eastern Democratic Republic of Congo …

Trade relations between Belgium and the DRC. www.theexchange.africa

Trade relations between Belgium and the DRC

Industry and Trade
  • In 2020, the DRC imported goods of over US$333 million from Belgium, with products such as blood, vaccines, refined petroleum and packaged medicaments topping the imports
  • Including the DRC in the EAC provides Belgium with almost all the imports they source from Africa from one region, the East African region
  • The atrocities committed by King Leopold II are dragging the relationship between these two countries

The war between Russia and Ukraine is shifting the focus of European countries to Africa as an alternative market for gas and food products. Among the relationships that have registered an upward trend is a partnership between the Democratic Republic of Congo and Belgium.

The trade relationship between the two countries has been in existence for decades now, performing well economically. In 2020, the Democratic Republic of Congo (DRC) imported goods of over US$333 million from Belgium, with products such as blood, vaccines, refined petroleum…

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