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Browsing: DRC
Most African countries are set to increase their economic growth next year compared to 2023, with East Africa leading the…
The Lobito Corridor represents a significant transport infrastructure project in Africa. The project will now become a reality with the backing of the US. Moreover, this is one of the projects through which Washington seeks to strengthen its investment ties on the continent. This project entails a transportation network that links northwest Zambia to Angola’s Benguela railway, ultimately connecting to the strategic Lobito port, the second largest seaport in oil-rich Angola.
“Unstoppable Africa” is a two-day event organized by the Global Africa Business Initiative (GABI). The event aims to position Africa…
DRC President Tshisekedi pledges peaceful elections on 20 December 2023. DRC is enjoying five years of steady economic development under…
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.
Since President Félix Tshisekedi took power in January 2019, DRC has been pitching and welcoming international and regional investors in…
The government of the Democratic Republic of Congo (DRC) under President Félix-Antoine Tshisekedi has adopted a comprehensive strategy to fast-track economic development and attract investment to the country. Thus, through its Ministry of Planning, the government has established the National Agency for the Promotion of Investments, more commonly known by the acronym ANAPI.
PROPARCO and the IFC, are scaling up of renewable energy production in both Kenya and DRC. The two organisations will…
Ongoing wars in Africa are bleeding billions from poor economies as investors flee the region. Sudan army is spending about…
Given these large costs and the effect on Africa’s economic growth, it remains imperative to prevent the prevalence of conflicts. Several economic and structural factors, including low-income levels, poor growth outcomes, weak governance, state capacity, and inequality of opportunity—especially across ethnic, religious, and regional groups—increase the likelihood of conflict. Addressing these challenges would address political instability in Africa and prevent conflict.