Category: Economy

The vertiginous rise in the price of maize and cassava chips in Matadi is worrying consumers who are seeing their purchasing power diminish in the face of a limited supply and rising costs. This situation is attributed to the scarcity of food products, caused by the degraded state of agricultural roads and of national and provincial interest. Moreover, agricultural production has not been sufficient to meet the growing demand. Authorities must take steps to ensure an adequate and affordable supply of basic foodstuffs. The food security of the population is at stake.

The Democratic Republic of Congo (DRC) faces major challenges in terms of macroeconomic stability. The pressures on the goods and services market, characterized by the increase in the prices of basic necessities, as well as the tensions on the foreign exchange market, with a depreciation of the Congolese currency, are impacting the population and the economy. The Congolese government is implementing prudent fiscal policies and a more restrictive monetary policy to ease these pressures and ensure stability. Despite these challenges, prospects for economic growth in the DRC remain favorable and efforts are being made to ensure long-term stability.

During a recent meeting, the Governor of South Kivu, Théo NGWABIDJE KASI, discussed with the Minister of Infrastructure and Public Works, Alexis GISARO Muvunyi, the challenges related to road infrastructure in the province. Particular attention was paid to the rehabilitation of the RN5, with the aim of opening up the region and facilitating trade. The Minister affirmed his commitment to finding appropriate solutions and announced the forthcoming rehabilitation of the RN3. The Governor was satisfied with this progress and thanked the President of the Republic for his support for infrastructure development. These joint efforts will contribute to the socio-economic development of the region.

A historic agreement has been signed between the DRC and Angola for the exploitation of oil in the maritime zone of common interest. The two countries become the concessionaires and owners of the rights to the area and will share the income generated equitably. This agreement paves the way for fruitful collaboration and will allow the DRC to exploit its oil potential to contribute to its economic growth and job creation.

Summary :

The Democratic Republic of Congo and Angola have signed a historic agreement for the exploitation of oil in the maritime zone of common interest. This collaboration opens new perspectives for the oil industry in Central Africa. The DRC has significant oil resources, and this collaboration will optimize their exploration and exploitation. The agreement strengthens ties between the two neighboring countries and promotes regional integration, bringing a promising future for the region.

The Democratic Republic of Congo and the Republic of Angola have signed an agreement on oil exploitation in a maritime area of ​​common interest, thus opening up new prospects for economic development for both countries. The DRC has vast reserves of oil and gas, and this agreement will allow them to be exploited equitably and to share the revenues generated. This collaboration will also strengthen the financial stability of the DRC and provide opportunities for local businesses. It is important to closely follow the developments of this agreement to assess its concrete impact.

The recovery plan of TRIOMF RDC SA in the agricultural sector in the DRC is a promising initiative supported by President Tshisekedi. This plan aims to strengthen the supply and local production of fertilizers and strategic agricultural products, while supporting farmers. The DRC has enormous under-exploited agricultural potential, and this recovery plan offers a unique opportunity to mobilize resources to transform the agricultural sector into an engine of economic growth and sustainable development. By investing in agricultural development, the DRC can strengthen its food security, create jobs and improve the living conditions of its population. It is time to take action to realize this vision of a more sustainable and prosperous agricultural future in the DRC.

The Democratic Republic of Congo (DRC) and Angola have signed a historic agreement on oil exploitation in the maritime zone of common interest, marking a crucial step in the economic development of both countries. This agreement opens up new prospects in the energy sector and will allow fair exploitation of the DRC’s vast hydrocarbon reserves. The revenue generated will contribute to the socio-economic development of the two countries.

The visit of the Minister of Industry, Julien Paluku Kahongya, to the Special Economic Zone (SEZ) of Musienene testifies to the progress made in the development of this zone. The development works, the expansion of the site and the registration of businesses are all advances that strengthen the prospects for economic development in the region. The creation of special economic zones will help attract investors and boost the local economy, while promoting job creation and economic diversification. It is essential to support these initiatives to stimulate industrial development and improve the living conditions of local populations.