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DRC

DRC Eases Foreign Labor Quotas to Boost Economic Growth

Kinshasa, September 21, 2025 (Cemac-eco.Finance) – The Democratic Republic of Congo has eased restrictions on foreign labor, raising ceilings for expatriate workers across key industries. The reform, signed on August...
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DRC — Rawbank joins COPA-TRANSFORME to accelerate MSME growth, with a strong focus on women-led businesses

Kinshasa. Rawbank, the leading bank in the Democratic Republic of Congo, has formalized its partnership with the Congolese Government under COPA-TRANSFORME, a program co-financed by the International Development Association (IDA). The initiative...
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KoBold Metals Expands in the DRC: Lithium Permits Signal Africa’s New Energy Frontier

Backed by tech billionaires Bill Gates and Jeff Bezos, KoBold Metals is accelerating its footprint in the Democratic Republic of Congo. With seven new lithium exploration permits granted in August...
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DRC: $700 Million to Turn Lake Kivu Gas into Energy

A U.S. company is injecting $700 million into an ambitious project to harness methane gas from Lake Kivu. The goal: generate hundreds of megawatts of electricity, reduce environmental risks, and...
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TRADEX begins operations in DR Congo

The oil giant TRADEX, a subsidiary of the Société Nationale des Hydrocarbures (SNH) of Cameroon, is expanding its activities in the Democratic Republic of Congo. With a share capital of...
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Tradex extends ambition to the DRC

Cameroonian hydrocarbon giant Tradex is preparing to invest in the Congolese market. This expansion is part of an ambitious development strategy that has already borne fruit in several countries in...
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DRC Central Bank maintains rates with positive Economic Outlook

The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under...
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DRC Central Bank maintains Rates

The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under...
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Budgetary reforms envisaged in the DRC with arrival of New Government

Judith Suminwa inherits from Sama a certain revenue performance over the first four months of 2024 but pressures on security spending, but not only, remain high. For the IMF, a...
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Major Funding Support Announced for Central Africa’s Priority Projects at Upcoming Paris Roundtable

In a significant development, the French Development Agency (AFD) and the European Investment Bank (EIB) have given their preliminary approval to back the upcoming Paris Roundtable. This event, organized by...
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DRC Primary exports at 5%

Engaged in the African Continental Free Trade Area (AfCFTA), the DRC will not be able to take full advantage of it for commercial purposes unless measures are taken to reverse...
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DRC’s Extractive sector at the heart of the country’s GDP

In figures, this economic growth was only 1.7%, whereas it had crossed 4.4% in 2019. This low growth rate was possible with the performance recorded on the mining site in...
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DRC records grim performance in 2021 Budget

The General Inspectorate of Finance (IGF) reports poor public revenue mobilization during this period. More worryingly, the situation is not set to improve with the latest measures adopted by the...
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Congolese business magnet Katumbi embraces Agriculture, invests $20 million

Mashamba is also a flour mill that collects the harvested corn, then grinds it and packaging it in 25 kg flour sacks. Mashamba flour is consumed in the Katanga area...
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